Japan Balance of Trade
Japan recorded a trade deficit of 822.24 JPY Billion in June of 2014. Balance of Trade in Japan averaged 392.39 JPY Billion from 1963 until 2014, reaching an all time high of 1608.68 JPY Billion in September of 2007 and a record low of -2791.68 JPY Billion in January of 2014. Balance of Trade in Japan is reported by the Ministry of Finance Japan.
||1963 - 2014
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.