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

Japan recorded a trade deficit of 69 JPY Billion in June of 2015. Balance of Trade in Japan averaged 375.78 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
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Actual Previous Highest Lowest Dates Unit Frequency
-69.00 -217.18 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, July 31, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-25 12:50 AM Apr ¥ -53.4B ¥ 229.3B ¥-318.9B ¥-392.6B
2015-06-17 12:50 AM May ¥ -216.0B ¥ -53.4B ¥-226B ¥ -344.5B
2015-07-23 12:50 AM Jun ¥ -69.0B ¥ -216.0B ¥ 5.4B ¥ 6.1B
2015-08-20 12:50 AM Jul ¥ -69.0B ¥ 143.8B
2015-09-18 12:50 AM Aug ¥ -92.4B
2015-10-22 12:50 AM Sep ¥ 475.5B


Japan Trade Gap Narrows in June


Japan reported a trade deficit of ¥69.05 billion in June of 2015, much lower than a ¥834.06 billion gap a year earlier as exports grew while imports fell.

In June, exports grew by 9.5 percent year-on-year to ¥6505.74 billion. Sales to the US rose the most by 17.6 percent, followed by the Middle East (+13.9 percent). Exports to Asia, representing more than half of the country's total sales increased by 10.1 percent with shipments to India rising by 17.3 percent, China (+5.9 percent), Hong Kong (+21.6 percent), Singapore (+29.2 percent), Taiwan (+14.8 percent), South Korea (+9.5 percent) and Vietnam (+38.7 percent). Exports also increased to Western Europe ( +10.9 percent) and  Africa (+8.9 percent. In contrast, outbond shipments to Russia declined by 50.0 percent and those to the Middle South America dropped by 13.9 percent.

By commodity, value of exports increased for: foodstuff (+22.9 percent), raw materials (+2.4 percent), chemicals (+8.5 percent), machinery (+7.2 percent), electrical machinery (+11.2 percent), transport equipment (+12.3 percent) and other (+20.5 percent). In contrast, exports declined for: mineral fuels (-5.5 percent) and manufactured goods (-0.6 percent).

Imports declined by 2.9 percent year-on-year to ¥6574.79 billion. Inbound shipments decreased for raw materials (-2.6 percent). Purchases of mineral fuels also fell by 33.4 percent with those of petroleum down by 36.7 percent, petroleum products (-30.1 percent), LNG (-37.3 percent) and LPG (-42.5 percent). In contrast, imports increased for: foodstuff (+9.1 percent), chemicals (+17.5 percent), manufactured goods (+8.0 percent), machinery (+8.5 percent), electrical machinery (+11.7 percent), transport equipment (+31.6 percent) and others (+13.9 percent). 

In May 2015, Japan posted a  ¥ 217 billion deficit.

Ministry of Finance l Rida Husna l rida@tradingeconomics.com
7/23/2015 11:32:15 AM


Recent Releases

Japan Reports ¥216 Billion Trade Deficit in May
Japan's trade gap narrowed to ¥216 Billion in May of 2015, from ¥917 Billion a year earlier as exports rose by 2.4 percent and imports dropped by 8.7 percent.
Published on 2015-06-17

Japan Trade Gap Smaller Than Expected in April
Japan reported a trade deficit of ¥53.44 billion in April of 2015, much lower than a ¥825.53 billion gap a year earlier as exports surged and imports fell.
Published on 2015-05-25

Japan Records First Trade Surplus Since June of 2012
Japan reported a trade surplus of ¥229.26 billion in March of 2015, swinging from ¥1450.73 billion deficit a year earlier and beating market forecasts. It is the first surplus since June 2012, as exports rose while imports dropped.
Published on 2015-04-22

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.
Published on 2015-03-18


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade -69.00 -217.18 1608.67 -2795.04 JPY Billion [+]
Exports 6505.74 5740.33 7681.69 105.08 JPY Billion [+]
Imports 6574.79 5957.51 8047.03 162.06 JPY Billion [+]
Current Account 1880.90 1326.40 3360.40 -1586.10 JPY Billion [+]
Current Account to GDP 0.50 0.70 4.80 -1.00 percent [+]
External Debt 340373.00 328922.00 340373.00 141743.00 JPY Billion [+]
Terms of Trade 97.50 98.30 276.10 83.10 Index Points [+]
Foreign Direct Investment 19830.00 10850.00 37754.00 -3825.00 JPY Hundreds Million [+]
Capital Flows 36201.00 6419.00 47371.00 -26928.00 JPY HML [+]
Tourist Arrivals 1602200.00 1641800.00 1764700.00 225806.00 [+]
Gold Reserves 765.20 765.20 765.20 753.54 Tonnes [+]
Crude Oil Production 5.00 4.00 13.00 4.00 BBL/D/1K [+]
Tourism Revenues 155266000.00 136014000.00 313197000.00 71965000.00 JPY Thousand [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 15309.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6205.89 Jun/15 -6753.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]