Japan Balance of Trade 1963-2015 | Data | Chart | Calendar | Forecast

Japan recorded a trade deficit of 216 JPY Billion in May of 2015. Balance of Trade in Japan averaged 376.63 JPY Billion from 1963 until 2015, reaching an all time high of 1608.67 JPY Billion in September of 2007 and a record low of -2795.04 JPY Billion in January of 2014. Balance of Trade in Japan is reported by the Ministry of Finance Japan.

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Japan Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-216.00 -53.44 1608.67 -2795.04 1963 - 2015 JPY Billion Monthly
Between 1980 and 2010 Japan recorded a trade surplus every year. But since the Fukushima nuclear disaster in March 2011, imports have surged due to the weakening of the Japanese yen and increased purchases of fossil fuels and gas. As a result in 2014 trade deficit was the worst on record. In 2014, the biggest trade surpluses were recorded with: United States, Hong Kong, South Korea, Taiwan and Singapore. The biggest trade deficits were recorded with: China, Saudi Arabia, Australia, United Arab Emirates, Russia and Malaysia. This page provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Japan Balance of Trade - was last refreshed on Thursday, July 2, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-22 12:50 AM Mar ¥ 229.3B ¥ -425B ¥ 50B ¥ -397.6B
2015-05-25 12:50 AM Apr ¥ -53.4B ¥ 229.3B ¥-318.9B ¥-392.6B
2015-06-17 12:50 AM May ¥ -216.0B ¥ -53.4B ¥-226B ¥ -344.5B
2015-07-24 12:50 AM Jun ¥ -216.0B ¥ 148.5B
2015-08-20 12:50 AM Jul ¥ 143.8B
2015-09-18 12:50 AM Aug ¥ -92.4B


Japan Reports ¥216 Billion Trade Deficit in May


Japan's trade gap narrowed to ¥216 Billion in May of 2015, from ¥917 Billion a year earlier as exports rose by 2.4 percent and imports dropped by 8.7 percent.

In May, exports grew 2.4 percent year-on-year to ¥5740 billion, the smallest gain in nine months in spite of the weaker yen. Sales to Asia, which account for more than half of the country's total exports, rose 3.3 percent. Exports to Hong Kong increased by 8 percent, to China by 1.1 percent, and to Taiwan by 9.5 percent. Shipments to South Korea and Thailand declined by 0.7 percent and 2.5 percent respectively. Sales to the United States increased by 7.4 percent (21.3 percent in April) and to Western Europe declined by 2.1 percent.  

By commodity, value of exports increased for electrical machinery (4.3 percent) and transport equipment (2.2 percent) while sales of manufactured goods  declined by 4.8 percent.

Imports dropped by 8.7 percent year-on-year to ¥5956 billion, the fifth straight downward move as value of mineral fuels shipments decreased by 33.1 percent. The petroleum imports dropped by 31.7 percent and shipments of liquified natural were lower 44.1 percent.

MOF | anna@tradingeconomics.com
6/17/2015 1:23:32 AM


Recent Releases

Japan Trade Gap Smaller Than Expected in April
Japan reported a trade deficit of ¥53.44 billion in April of 2015, much lower than a ¥825.53 billion gap a year earlier as exports surged and imports fell.
Published on 2015-05-25

Japan Records First Trade Surplus Since June of 2012
Japan reported a trade surplus of ¥229.26 billion in March of 2015, swinging from ¥1450.73 billion deficit a year earlier and beating market forecasts. It is the first surplus since June 2012, as exports rose while imports dropped.
Published on 2015-04-22

Japan's Trade Gap Narrows to 2-Year Low
Japan's trade deficit declined to ¥425 Billion in February of 2015, from ¥806 Billion a year earlier as exports rose by 2.4 percent and imports dropped by 3.6 percent.
Published on 2015-03-18

Japanese Trade Gap Smaller Than Expected in January
Japanese trade deficit narrowed to ¥1177 Billion in January of 2015, from ¥2797 Billion a year earlier as exports surged by 17 percent and imports declined by 9 percent.
Published on 2015-02-19


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade -216.00 -53.44 1608.67 -2795.04 JPY Billion [+]
Exports 5740.00 6551.46 7681.69 105.08 JPY Billion [+]
Imports 5956.00 6604.91 8044.06 162.06 JPY Billion [+]
Current Account 1326.40 2795.30 3360.40 -1586.10 JPY Billion [+]
Current Account to GDP 0.50 0.70 4.80 -1.00 percent [+]
External Debt 340373.00 328922.00 340373.00 141743.00 JPY Billion [+]
Terms of Trade 98.30 98.10 276.10 83.10 Index Points [+]
Foreign Direct Investment 10850.00 6315.00 37754.00 -3825.00 JPY Hundreds Million [+]
Capital Flows 6419.00 47371.00 47371.00 -26928.00 JPY HML [+]
Tourist Arrivals 1641800.00 1764700.00 1764700.00 225806.00 [+]
Gold Reserves 765.20 765.20 765.20 753.54 Tonnes [+]
Crude Oil Production 4.00 4.00 13.00 4.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -2974.00 Apr/15 -3853.00 8524.80 -3853.00 CAD Million [+]
China 594.88 May/15 341.34 606.19 -319.71 USD Hundred Million [+]
Euro Area 24941.50 Apr/15 22974.80 24941.50 -16748.10 EUR Million [+]
France -3008.00 Apr/15 -4410.00 2674.00 -7086.00 EUR Million [+]
Germany 22100.00 Apr/15 23100.00 23500.00 -535.91 EUR Million [+]
India -10406.20 May/15 -10990.00 258.90 -20210.90 USD Million [+]
Indonesia 955.00 May/15 477.40 4641.92 -2329.13 USD Million [+]
Italy 3736.00 Apr/15 4011.00 6923.00 -6389.30 EUR Million [+]
Japan -216.00 May/15 -53.44 1608.67 -2795.04 JPY Billion [+]
Mexico -1017.00 May/15 -85.30 1710.25 -3292.30 USD Million [+]
Netherlands 5017.00 Apr/15 5440.00 6329.20 -907.60 EUR Million [+]
Russia 17142.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -2253100.00 Apr/15 -890600.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3433.00 May/15 2658.00 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -1202.00 Apr/15 -3093.00 2946.00 -5397.00 GBP Million [+]
United States -40879.00 Apr/15 -50566.00 1946.00 -67823.00 USD Million [+]