Mount Fuji, Japan

Japan Trade Balance February 2022

Japan: Merchandise exports accelerate in February

Yen-denominated merchandise exports rose 19.1% in annual terms in February, improving on January’s 9.6% increase. February’s reading marked the twelfth consecutive month of growth in exports. Meanwhile, merchandise imports climbed 34.0% over the same month last year in February, dipping slightly from January’s 38.7% growth.

As a result, the merchandise trade balance improved from the previous month, recording a JPY 0.3 trillion deficit in February (January 2022: JPY 2.2 trillion deficit; February 2021: JPY 0.2 trillion surplus). Nevertheless, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a JPY 4.3 trillion deficit in February, compared to the USD 3.5 billion shortfall in January.

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