Japan Terms of Trade

Terms of Trade in Japan remained unchanged at 85.60 Index Points in March of 2014 from 85.60 Index Points in February of 2014. Terms of Trade in Japan is reported by the Bank of Japan. Terms of Trade in Japan averaged 171.89 Index Points from 1960 until 2014, reaching an all time high of 276.10 Index Points in August of 1960 and a record low of 83.10 Index Points in August of 2008. In Japan, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Japan Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
85.60 85.60 276.10 83.10 85.51 | 2014/04 1960 - 2014 Index Points Monthly
NSA, 2010=100

TO

Japan Terms of Trade
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Capital Flows -7361.00 2014-02-15 -14778.00 77436.00 -38968.00 -8176.87 2014-03-31 JPY HML [+]
External Debt 295172.00 2013-12-31 274966.00 295172.00 141743.00 297619.72 2014-03-31 JPY Billion [+]
Foreign Direct Investment 14226.00 2013-12-15 13397.00 18760.00 1006.00 10000.98 2014-01-31 JPY Hundreds Million [+]
Japan Exports Australia 137938.00 2014-03-15 126272.00 175892.00 2493.00 125556.63 2014-04-30 JPY Million [+]
Japan Exports China 1156006.00 2014-03-15 1074379.00 1285122.00 499.00 1132584.00 2014-04-30 JPY Million [+]
Terms of Trade 85.60 2014-03-15 85.60 276.10 83.10 85.51 2014-04-30 Index Points [+]
Tourist Arrivals 1050500.00 2014-03-15 880000.00 1050500.00 225806.00 1008954.74 2014-04-30 [+]
Current Account 612.70 2014-02-28 -1589.00 3287.90 -1589.00 -118.32 2014-03-31 JPY Billion [+]
Exports 6382.62 2014-03-15 5799.31 7681.69 105.08 5828.34 2014-04-30 JPY Billion [+]
Imports 7828.88 2014-03-15 6601.84 8044.06 162.06 7492.68 2014-04-30 JPY Billion [+]
Balance of Trade -1446.26 2014-03-15 -802.53 1608.68 -2791.68 -1683.49 2014-04-30 JPY Billion [+]
Current Account to GDP 0.70 2013-12-31 1.10 4.80 -1.00 0.40 2014-06-30 Percent [+]
[+]


Terms of Trade | Notes
Terms of Trade (ToT) refers to the ratio of Price of exportable goods to the Price of importable goods. If a country terms of trade is more than 100%, it means that the country exports is more than it imports and that capital is coming in. If a country terms of trade (TOT) is less than 100%, then there is more capital going out the country needs to buy more products outside. The terms of trade ratio is heavily influenced by changes in the exchange rate because a rise in the value of a country domestic currency decreases prices for its imports but also makes exports less competitive.


RELATED NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Bank of Japan Leaves Monetary Stimulus Unchanged  
At its April 8th, 2014 meeting, the Bank of Japan maintained its commitment to increase base money at an annual pace of 60 trillion to 70 trillion yen, as widely expected, despite a sales tax hike, saying the economy is recovering moderately.
Japan Unemployment Rate Falls to 3.6% in February  
Japan's jobless rate declined to the lowest in more than six years in February and the availability of jobs improved to the highest in more than six years.
Japan Annual Inflation Rate Up 1.5% in February  
The consumer price index for Japan in February 2014 was 100.7 (2010=100), the same level as the previous month, and up 1.5% over the year.
Japan Marks a Record 20-Month Run of Trade Deficits  
Japanese trade balance came to a deficit of ¥800.3 billion in February of 2014, narrower than a record gap of ¥2.8 trillion reported in January of 2014 but larger than a deficit of ¥781.3 billion reported in the same month of 2013.
BoJ Leaves Monetary Policy Unchanged  
Bank of Japan decided on March 11th to leave the monetary policy steady and keep buying enough government bonds to boost monetary base at an annual pace of about 60-70 trillion yen, saying the economy was picking up.
Japan GDP Growth Revised Down to 0.2% in Q4  
Japan's economy expanded 0.2 percent in the last three months of 2014 from the previous quarter, revised down from a preliminary 0.3 percent expansion due to slower growth in capital spending and private consumption.
Japanese Unemployment Rate Unchanged at 3.7% in January  
Japan's jobless rate held steady at the lowest level in six years in January and the number of employed persons increased 0.5% to 62.62 million.
Japanese Inflation Rate Levells Off in January  
Japan's consumer price index increased 1.4 percent on a year in January, down from 1.6 percent reported a month earlier. The cost of energy, transportation and food increased the most while prices of housing and medical care decreased.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News






Markets

GDP

Labour

Prices

Money

Trade

Government

Business

Consumer

Taxes

Housing