Japan Balance of Trade 1963-2014 | Data | Chart | Calendar | Forecast

Japan recorded a trade deficit of 948.50 JPY Billion in August of 2014. Balance of Trade in Japan averaged 389.96 JPY Billion from 1963 until 2014, 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.

   
 
 

Japan Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-948.50 -962.13 1608.67 -2795.04 1963 - 2014 JPY Billion Monthly
Japan had been recording consistent annual trade surpluses from 1970 to 2010. However, since 2011, the country has been posting trade deficits as costs for imports have surged due to the weakening of the Japanese yen and increased purchases of fossil fuels and gas to make up for the loss of nuclear power following the March 2011 earthquake and tsunami. In 2013, Japan run the highest trade deficit with China, Australia, Saudi Arabia, UAE, Western Europe and Russia. The country recorded biggest trade surpluses with United States, Hong Kong, South Korea, Singapore and Thailand. 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, September 18, 2014.


Japan Trade Gap Narrows in August


Japanese trade deficit decreased to ¥948.5 billion in August of 2014 from ¥971.4 billion in the same month a year earlier as imports fell a bit faster than exports.

Exports decreased 1.3 percent year-on-year to ¥5782 billion. Sales to Asia, which account for more than half of Japan's total exports, fell 0.6 percent with the biggest decreases reported for China (-0.2 percent), Hong Kong (-1.6 percent) and Indonesia (-14.8 percent). Shipments to the US declined 4.4 percent while those to Western European countries and Middle East grew by 2.5 percent and 8.1 percent respectively.

Exports of machinery and other goods continued to grow by 1.1 percent and 2.1 percent respectively. In contrast, sales of transport equipment, chemical and mineral fuels fell by 3.2 percent, -5.3 percent and -16.2 percent respectively.

Imports dropped 1.5 percent year-on-year to ¥6753 billion. Inward shipments of mineral fuels, which account for around 33 percent of total imports, decreased by 2.6 percent.

In July of 2014, the country posted a revised ¥962.1 billion trade deficit.

Ministry of Finance Japan l Rida l rida@tradingeconomics.com
9/18/2014 12:42:07 PM


Recent Releases

Japanese Trade Gap Shrinks in July
Japanese trade deficit narrowed to ¥964 billion in July of 2014 from ¥1932 billion reported in the same month a year earlier as exports grew faster than imports. Published on 2014-08-20

Japan Trade Deficit Narrows in June
Japanese trade gap decreased to ¥822.2 billion in June of 2014 from a ¥908.9 billion shortfall in the previous month as imports continue to be high and export growth remains slow. Published on 2014-07-24


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-18 12:50 AM Japan
Balance of Trade
May 2014 ¥-909B ¥ -811.7B (R) ¥ -1173B ¥ -1765.5B
2014-07-24 12:50 AM Japan
Balance of Trade
Jun 2014 ¥ -822.2B ¥-909B ¥-642.9B ¥ -817.3B
2014-08-20 12:50 AM Japan
Balance of Trade
Jul 2014 ¥ -964B ¥ -823.2B ¥ -703B ¥ -1155.3B
2014-09-18 12:50 AM Japan
Balance of Trade
Aug 2014 ¥ -948.5B ¥ -962.1B (R) ¥ -1028.9B ¥ -1195B
2014-10-22 12:50 AM Japan
Balance of Trade
Sep 2014 ¥ -948.5B ¥ -809.4B


Trade Last Previous Highest Lowest Unit
Balance of Trade -948.50 -962.13 1608.67 -2795.04 JPY Billion [+]
Exports 5705.99 6192.03 7681.69 105.08 JPY Billion [+]
Imports 6654.46 7154.17 8044.06 162.06 JPY Billion [+]
Current Account 416.70 -399.10 3360.40 -1586.10 JPY Billion [+]
Current Account to GDP 0.70 1.10 4.80 -1.00 Percent [+]
External Debt 294303.00 295172.00 295172.00 141743.00 JPY Billion [+]
Terms of Trade 85.70 85.70 276.10 83.10 Index Points [+]
Foreign Direct Investment 14226.00 13397.00 18760.00 1006.00 JPY Hundreds Million [+]
Capital Flows 10678.00 8906.00 77436.00 -38968.00 JPY HML [+]
Tourist Arrivals 1269700.00 1057100.00 1231500.00 225806.00 [+]
Gold Reserves 765.22 765.22 765.22 753.55 Tonnes [+]
Crude Oil Production 5.00 5.00 13.00 4.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -535.91 EUR Million [+]
India -10838.56 Aug/14 -12228.60 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 6857.00 Jul/14 3236.30 6857.00 -6389.30 EUR Million [+]
Japan -948.50 Aug/14 -962.13 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1826700.00 Jul/14 -1477012.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 1386.00 Aug/14 3983.49 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





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