Japan Balance Of TradeJapan Balance Of TradeJapan Balance Of Trade

Japan Balance Of Trade

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
‪1.61 T‬JPY on Sep 30, 2007
Lowest
‪−3.51 T‬JPY on Jan 31, 2023

About Japan Balance Of Trade


Category
Trade
Frequency
Monthly
Units
JPY
Japan’s trade balance has fluctuated in recent years partly because of disruptions to production and other problems related to the coronavirus pandemic. In 2022, the country recorded persistent monthly trade deficits as imports surged more than exports. On one hand, the weak yen has helped to drive exports to record highs but on the other, it had made the cost of imported products especially food and energy commodities very expensive. The biggest trade deficits were reported with Australia, China, and Middle East countries while the biggest trade surpluses were recorded with the United States, Hong Kong, South Korea, and Singapore.