Mount Fuji, Japan

Japan Trade Balance May 2020

Japan: Exports fall at fastest pace in over a decade in May

Yen-denominated merchandise exports dropped 28.3% year-on-year in May after falling 21.9% in April, largely due to lower machinery and transport equipment shipments as foreign demand evaporated. The reading marked the sharpest decline since September 2009. Imports fell 26.2% in May after dropping 7.2% in April.

The merchandise trade balance was negative JPY 0.8 trillion in May, which was narrower than the JPY 1.0 trillion shortfall in the same month a year earlier. The 12-month trailing trade deficit narrowed to JPY 2.2 trillion in May from JPY 2.3 trillion in April.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest