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

Japan recorded a trade deficit of 892 JPY Billion in November of 2014. Balance of Trade in Japan averaged 383.96 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
-891.85 -709.99 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, the biggest trade surpluses were recorded with: the United States, Hong Kong, South Korea and Taiwan. The biggest trade deficits were recorded with: China, Saudi Arabia, United Arab Emirates, Australia and Qatar. 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 Saturday, December 20, 2014.


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.

In November, exports grew 4.9 percent year-on-year to ¥6189 billion. Sales to Asia, which account for more than half of the country's total exports, rose 5.9 percent (10.5 percent a month earlier). Shipments to China increased only by 0.9 percent, to Hong Kong by 16.8, to Taiwan by 3.5 percent and to South Korea by 11.4 percent. Exports to the United States increased by 6.8 percent while to Western Europe declined by 0.5 percent.

By commodity, exports increased among following categories: electrical machinery (7.4 percent), machinery (6.2 percent), manufactured goods (4.5 percent) and chemicals (3.7 percent). In contrast, sales of transport equipment declined by 2.9 percent.

Imports dropped by 1.7 percent year-on-year to ¥7081 billion supported by decline in price of energy commodities. Shipments of mineral fuels decreased by 12.2 percent with crude oil dropping by 21.6 percent.

The biggest trade deficits were reported with: China, Saudi Arabia, Australia, United Arab Emirates, Russia, Malaysia and Kuwait. The biggest trade surpluses were reported with: United States, Hong Kong, South Korea, Singapore and Taiwan.

Ministry of Finance, Japan | anna@tradingeconomics.com
12/17/2014 12:26:57 AM


Recent Releases

Japan Trade Gap Narrows in October
Japanese trade deficit declined to ¥710 Billion in October of 2014 from ¥1100 Billion a year earlier, the lowest since June 2013. While exports rose at the fastest pace since February, imports growth slowed to 2.7 percent. Published on 2014-11-20

Japan Trade Deficit Widens in September
Japanese trade gap increased slightly to ¥958.3 billion in September of 2014 from ¥943.2 billion a year earlier, the first rise in three months. While exports reported the highest annual gain in seven months, imports grew 6.2 percent. Published on 2014-10-22


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-22 12:50 AM
Balance of Trade  Sep
¥ -958.3B ¥ -948.5B ¥ -777B ¥ -633.6B
2014-11-19 11:50 PM
Balance of Trade  Oct
¥ -710B ¥ -958.3B ¥ -1050B ¥ -834.5B
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
2015-02-18 11:50 PM
Balance of Trade  Jan
2015-03-17 11:50 PM
Balance of Trade  Feb


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade -891.85 -709.99 1608.67 -2795.04 JPY Billion [+]
Exports 6188.85 6688.48 7681.69 105.08 JPY Billion [+]
Imports 7080.71 7398.48 8044.06 162.06 JPY Billion [+]
Current Account 833.40 963.00 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 88.30 86.70 276.10 83.10 Index Points [+]
Foreign Direct Investment 14226.00 13397.00 18760.00 1006.00 JPY Hundreds Million [+]
Capital Flows 11938.00 15105.00 77436.00 -38968.00 JPY HML [+]
Tourist Arrivals 1271700.00 1099100.00 1271700.00 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 -1323.00 Oct/14 -2235.00 2226.00 -3892.00 AUD Million [+]
Brazil -2350.52 Nov/14 -1177.00 5659.37 -4058.14 USD Million [+]
Canada 100.00 Oct/14 310.00 8524.80 -2902.90 CAD Million [+]
China 544.74 Nov/14 454.05 544.74 -319.71 USD Hundred Million [+]
Euro Area 24000.00 Oct/14 18100.00 24000.00 -16638.00 EUR Million [+]
France -4608.00 Oct/14 -4715.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Oct/14 22100.00 23400.00 -535.91 EUR Million [+]
India -16860.00 Nov/14 -13350.00 258.90 -20210.90 USD Million [+]
Indonesia 20.00 Oct/14 -270.30 4641.92 -2329.13 USD Million [+]
Italy 5397.00 Oct/14 2020.00 6923.00 -6389.30 EUR Million [+]
Japan -891.85 Nov/14 -709.99 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 5195.00 Oct/14 4707.00 5195.00 -907.60 EUR Million [+]
Russia 13595.00 Oct/14 12953.00 20356.00 -185.00 USD Million [+]
South Korea 5606.00 Nov/14 7380.00 7380.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.00 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -6251.72 Oct/14 -6925.00 24.51 -10453.06 USD Million [+]
United Kingdom -2024.00 Oct/14 -2822.00 2946.00 -5397.00 GBP Million [+]
United States -43400.00 Oct/14 -43600.00 1946.00 -67823.00 USD Million [+]