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

Japan recorded a trade deficit of 963.99 JPY Billion in July of 2014. Balance of Trade in Japan averaged 387.75 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.

   
 
 
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Japan Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-963.99 -823.20 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 Wednesday, August 27, 2014.


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.

Exports increased 3.8 percent year-on-year to ¥6188 billion, up for the first time in three months. Sales to Asia, which account for more than half of Japan's total exports, increased 3.4 percent. Shipments to China grew by 2.6 percent, to Hong Kong by 14.7 percent and to Taiwan by 11.7 percent while exports to South Korea and Thailand decreased by 7.7 percent and 9.8 percent respectively. Exports to the United States increased by 2.1 percent.

By commodity, growth in exports was driven mostly by increased shipments of motor vehicles (+8.1 percent), electrical machinery (+3.8 percent) and machinery (+2.2 percent).

Imports rose 2.3 percent year-on-year to ¥7153 billion. Inward shipments of mineral fuels, which account for around 33 percent of total imports, increased by 7 percent.


Ministry of Finance, Japan | anna@tradingeconomics.com
8/20/2014 1:44:22 AM


Recent Releases

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

Japan Trade Deficit Widens in May on Falling Exports
The Japanese trade gap increased to ¥908.9 billion in May of 2014 from a revised ¥811.7 billion shortfall in the previous month, as exports fell more than imports, hurt by weak demand from Asia and the United States. Published on 2014-06-18


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-21 12:50 AM Japan
Balance of Trade
Apr 2014 ¥ -808.9B ¥-1446.3B ¥ -646B ¥ -1686.1B
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 ¥ -964B ¥ -1395B


Trade Last Previous Highest Lowest Unit
Balance of Trade -963.99 -823.20 1608.67 -2795.04 JPY Billion [+]
Exports 6188.60 5940.48 7681.69 105.08 JPY Billion [+]
Imports 7152.00 6763.68 8044.06 162.06 JPY Billion [+]
Current Account -399.10 522.80 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 1057100.00 1097200.00 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 -1683.00 Jun/14 -2043.00 2225.00 -3907.00 AUD Million [+]
Brazil 1575.00 Jul/14 2364.45 5659.37 -4058.14 USD Million [+]
Canada 1859.60 Jun/14 576.00 8524.80 -2902.90 CAD Million [+]
China 473.00 Jul/14 315.65 473.00 -319.71 USD Hundred Million [+]
Euro Area 16800.00 Jun/14 15400.00 21780.80 -16638.00 EUR Million [+]
France -5380.00 Jun/14 -5129.00 2674.00 -7004.00 EUR Million [+]
Germany 16406.00 Jun/14 17800.00 21410.60 -535.91 EUR Million [+]
India -12228.60 Jul/14 -11763.20 258.90 -20210.90 USD Million [+]
Indonesia -305.10 Jun/14 69.90 4641.92 -2329.13 USD Million [+]
Italy 3675.63 May/14 3517.00 6382.91 -6389.31 EUR Million [+]
Japan -963.99 Jul/14 -823.20 1608.67 -2795.04 JPY Billion [+]
Mexico 423.73 Jun/14 131.81 1710.25 -3292.30 USD Million [+]
Netherlands 4773.00 Jun/14 3337.10 4948.70 -907.60 EUR Million [+]
Russia 13957.00 Jun/14 18280.00 20356.00 -185.00 USD Million [+]
South Korea 2399.00 Jul/14 5453.83 6794.27 -4043.45 USD Million [+]
Spain -1477000.00 Jun/14 -1756166.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3983.49 Jul/14 1412.00 3983.49 -1478.68 CHF million [+]
Turkey -7853.06 Jun/14 -7146.21 24.51 -10453.06 USD Million [+]
United Kingdom -2459.00 Jun/14 -2364.00 2946.00 -5269.00 GBP Million [+]
United States -41538.00 Jun/14 -44392.00 1946.00 -67823.00 USD Million [+]





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