Japan Trade


Japan: Trade deficit improves mildly in August

September 18, 2014

In August, nominal yen exports fell 1.3% over the same month last year, which contrasted the 3.9% increase recorded in July. The decline was better than the 2.6% drop that market analysts had expected. Imports contracted 1.5% in annual terms in August. The print contrasted the 2.3% expansion tallied in July and was broadly in line with the 1.2% decrease that market analysts had expected.

The trade balance registered a JPY 948 billion deficit (USD 8.8 billion deficit) in August, which marked a slight improvement over both the JPY 962 billion shortfall tallied in the previous month and the JPY 971 billion deficit recorded in the same month last year. The trailing 12-month sum of the trade balance stabilized in August, remaining at the previous month’s JPY 14.2 trillion.

Author: Ricard Torné, Lead Economist

Sample Report

Looking for forecasts related to Trade in Japan? Download a sample report now.


Japan Trade Chart

Japan Trade12m August 2014

Note: 12-month sum of trade balance in USD billion and annual variation of the 12-month sum of exports and imports in %.
Source: Ministry of Finance and FocusEconomics calculations.

Japan Economic News

  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

    Read more

  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

    Read more

  • Japan: Consumer confidence declines marginally in June

    June 29, 2018

    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

    Read more

  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

    Read more

  • Japan: Core inflation stable in May

    June 22, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in May, reversing April’s 0.1% fall. Core inflation was steady at 0.7% in May, unchanged from April and in line with market expectations.

    Read more

More news

Search form