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

Japan recorded a trade deficit of 1178 JPY Billion in January of 2015. Balance of Trade in Japan averaged 379.79 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


Actual Previous Highest Lowest Dates Unit Frequency
-1177.50 -660.70 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, February 27, 2015.


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.

In January, exports grew 17 percent year-on-year to ¥6145 billion, its fastest in 14 months, supported by a weakened yen. Sales to Asia, which account for more than half of the country's total exports, surged 23 percent (11 percent a month earlier). Shipments to China increased by 21 percent, to Hong Kong by 55.7 percent, to Taiwan by 19 percent and to South Korea by 11.2 percent. Exports to the United States rose by 16.6 percent and to Western Europe by 8.2 percent.

By commodity, value of exports increased among all major categories: electrical machinery (23 percent), machinery (16.8 percent), manufactured goods (13 percent), chemicals (7.5 percent) and transport equipment (13.1 percent).

Imports declined by 9 percent year-on-year to ¥7322 billion as fuel price continue its slide. Shipments of mineral fuels decreased by 24.4 percent. While value of petroleum imports dropped by 40 percent, shipments of liquified natural gas increased by 6.5 percent.

Ministry of Finance | anna@tradingeconomics.com
2/19/2015 12:20:10 AM


Recent Releases

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

Japan Trade Deficit Narrows in November
Japanese trade gap declined to ¥892 Billion in November of 2014 from ¥1301 Billion a year earlier as exports rose by 4.9 percent and imports declined by 1.7 percent. Published on 2014-12-17


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-16 11:50 PM
Balance of Trade  Nov
¥ -892B ¥ -710B ¥ -1000B ¥ -991.8B
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
¥ -1177B ¥ -568.5B
2015-04-22 12:50 AM
Balance of Trade  Mar
¥ -397.6B
2015-05-21 12:50 AM
Balance of Trade  Apr
¥ -592.6B


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade -1177.50 -660.70 1608.67 -2795.04 JPY Billion [+]
Exports 6144.70 6896.47 7681.69 105.08 JPY Billion [+]
Imports 7322.20 7557.18 8044.06 162.06 JPY Billion [+]
Current Account 187.00 433.00 3360.40 -1586.10 JPY Billion [+]
Current Account to GDP 0.70 1.10 4.80 -1.00 percent [+]
External Debt 325508.00 304651.00 325508.00 141743.00 JPY Billion [+]
Terms of Trade 93.50 90.10 276.10 83.10 Index Points [+]
Foreign Direct Investment 14226.00 13397.00 18760.00 1006.00 JPY Hundreds Million [+]
Capital Flows 5340.00 4998.00 39028.00 -26928.00 JPY HML [+]
Tourist Arrivals 1218400.00 1236100.00 1271705.00 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 -436.00 Dec/14 -1016.00 2219.00 -3897.00 AUD Million [+]
Brazil -3173.95 Jan/15 293.00 5659.37 -4058.14 USD Million [+]
Canada -650.00 Dec/14 -340.00 8524.80 -2902.90 CAD Million [+]
China 600.30 Jan/15 496.13 544.76 -319.71 USD Hundred Million [+]
Euro Area 24300.00 Dec/14 21200.00 24300.00 -16638.00 EUR Million [+]
France -3446.00 Dec/14 -3093.00 2674.00 -7086.00 EUR Million [+]
Germany 19000.00 Dec/14 17900.00 23400.00 -535.91 EUR Million [+]
India -8320.00 Jan/15 -9430.00 258.90 -20210.90 USD Million [+]
Indonesia 709.40 Jan/15 186.80 4641.92 -2329.13 USD Million [+]
Italy 5756.00 Dec/14 3541.23 6923.00 -6389.30 EUR Million [+]
Japan -1177.50 Jan/15 -660.70 1608.67 -2795.04 JPY Billion [+]
Mexico -3248.00 Jan/15 254.00 1710.25 -3292.30 USD Million [+]
Netherlands 5456.00 Dec/14 5110.00 5456.00 -907.60 EUR Million [+]
Russia 12927.00 Dec/14 13359.00 20356.00 -185.00 USD Million [+]
South Korea 5530.00 Jan/15 5750.00 7380.00 -4043.45 USD Million [+]
Spain -1821800.00 Dec/14 -1555245.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3432.72 Jan/15 1514.42 3901.00 -1478.68 CHF million [+]
Turkey -8505.55 Dec/14 -8306.48 24.51 -10453.06 USD Million [+]
United Kingdom -2895.00 Dec/14 -1841.00 2946.00 -5397.00 GBP Million [+]
United States -46560.00 Dec/14 -39750.00 1946.00 -67823.00 USD Million [+]