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

Japan recorded a trade deficit of 425 JPY Billion in February of 2015. Balance of Trade in Japan averaged 378.50 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.

      Forecast    
Japan Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-425.00 -1177.50 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 Friday, March 27, 2015.


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.

In February, exports grew 2.4 percent year-on-year to ¥5941 billion, higher than expected as weakened yen provided support for Japanese producers.

Sales to Hong Kong rose by 10.2 percent, to the United States increased by 13.3 percent and to Western Europe by 1.7 percent. Sales to Asia, which account for more than half of the country's total exports, declined 1.1 percent after surging 23 percent a month earlier. Shipments to China dropped by 17.3 percent distorted by the Chinese New Year, which fell in the middle of February this year. Exports to Taiwan were down by 1.7 percent and to South Korea by 3.2 percent.

By commodity, value of exports increased for electrical machinery (6 percent), manufactured goods (3 percent) and transport equipment (4.1 percent).

Imports declined by 3.6 percent year-on-year to ¥6366 billion as value mineral fuels shipments decreased by 35.6 percent. The petroleum imports dropped by 54.8 percent and shipments of liquified natural were lower 38.8 percent.

Ministry of Finance, Japan | anna@tradingeconomics.com
3/18/2015 12:23:30 AM


Recent Releases

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 Records The Smallest Trade Gap Since June of 2013
Japanese trade deficit narrowed to ¥661 Billion in December of 2014, from ¥1307 Billion a year earlier as exports surged by 12.9 percent. Published on 2015-01-26


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-25 11:50 PM
Balance of Trade  Dec
¥ -660.7B ¥-892B ¥ -740.3B ¥ -541.9B
2015-02-18 11:50 PM
Balance of Trade  Jan
¥ -1177B ¥ -660.7B ¥ -1690.8B ¥-1372.8B
2015-03-17 11:50 PM
Balance of Trade  Feb
¥ -425B ¥ -1177B ¥ -1050.7B ¥ -568.5B
2015-04-22 12:50 AM
Balance of Trade  Mar
¥ -425B ¥ -397.6B
2015-05-21 12:50 AM
Balance of Trade  Apr
¥ -592.6B
2015-06-18 12:50 AM
Balance of Trade  May
¥ -786.2B


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade -425.00 -1177.50 1608.67 -2795.04 JPY Billion [+]
Exports 5941.06 6144.70 7681.69 105.08 JPY Billion [+]
Imports 6356.66 7322.20 8044.06 162.06 JPY Billion [+]
Current Account 61.00 187.00 3360.40 -1586.10 JPY Billion [+]
Current Account to GDP 0.70 1.10 4.80 -1.00 percent [+]
External Debt 329336.00 325329.00 329336.00 141743.00 JPY Billion [+]
Terms of Trade 97.50 93.30 276.10 83.10 Index Points [+]
Foreign Direct Investment 14226.00 13397.00 18760.00 1006.00 JPY Hundreds Million [+]
Capital Flows -3721.00 5340.00 39028.00 -26928.00 JPY HML [+]
Tourist Arrivals 1387000.00 1218400.00 1387000.00 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 -980.00 Jan/15 -503.00 2219.00 -3897.00 AUD Million [+]
Brazil -2841.76 Feb/15 -3173.95 5659.37 -4058.14 USD Million [+]
Canada -2451.00 Jan/15 -1218.00 8524.80 -2902.90 CAD Million [+]
China 606.19 Feb/15 600.30 606.19 -319.71 USD Hundred Million [+]
Euro Area 7943.60 Jan/15 24009.80 24009.80 -16638.00 EUR Million [+]
France -3726.00 Jan/15 -3296.00 2674.00 -7086.00 EUR Million [+]
Germany 15900.00 Jan/15 18900.00 23400.00 -535.91 EUR Million [+]
India -6847.00 Feb/15 -8322.00 258.90 -20210.90 USD Million [+]
Indonesia 738.30 Feb/15 743.50 4641.92 -2329.13 USD Million [+]
Italy 219.00 Jan/15 5741.00 6923.00 -6389.30 EUR Million [+]
Japan -425.00 Feb/15 -1177.50 1608.67 -2795.04 JPY Billion [+]
Mexico -3248.00 Jan/15 254.00 1710.25 -3292.30 USD Million [+]
Netherlands 5138.00 Jan/15 4891.20 5138.00 -907.60 EUR Million [+]
Russia 15047.00 Jan/15 12927.00 20356.00 -185.00 USD Million [+]
South Korea 7706.31 Feb/15 5362.32 7706.31 -4043.45 USD Million [+]
Spain -2596200.00 Jan/15 -1821800.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2472.61 Feb/15 3409.00 3894.91 -1478.68 CHF million [+]
Turkey -4305.31 Jan/15 -8505.55 24.51 -10453.06 USD Million [+]
United Kingdom -616.00 Jan/15 -2142.00 2946.00 -5397.00 GBP Million [+]
United States -41752.00 Jan/15 -45601.00 1946.00 -67823.00 USD Million [+]