Exports from Japan dropped by 4.2 percent year-on-year to JPY 6.11 trillion in November 2020, defying market consensus of a 0.5 percent increase and marking the 24th straight month of decline, the longest stretch on record based on comparable data going back to 1979. The latest data point suggested a slower pace of recovery for the world's third-largest economy, due to subdued global demand amid the COVID-19 crisis. There were falls in exports of manufactured goods (-10.6 percent) such as iron and steel products; machinery (-3.0 percent) on the back of power generating machine, computer parts and metalworking machinery; and transport equipment (-4.5 percent) led by motor vehicles and parts. In contrast, sales of electrical machinery and chemicals were up. By destination, exports dropped to the US (-2.5 percent), the EU (-2.6 percent), ASEAN (-12.9 percent) and Taiwan (-12.7 percent), whereas sales increased to China (3.8 percent) and South Korea (3.1 percent). source: Ministry of Finance, Japan

Exports in Japan averaged 3433.92 JPY Billion from 1963 until 2020, reaching an all time high of 7681.69 JPY Billion in March of 2008 and a record low of 105.08 JPY Billion in January of 1963. This page provides the latest reported value for - Japan Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Exports - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Exports in Japan is expected to be 5700.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Japan to stand at 6300.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 6200.00 JPY Billion in 2021 and 6700.00 JPY Billion in 2022, according to our econometric models.

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Japan Exports

Actual Previous Highest Lowest Dates Unit Frequency
6113.63 6565.81 7681.69 105.08 1963 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-15 11:50 PM Aug -14.8% -19.2% -16.1%
2020-10-18 11:50 PM Sep -4.9% -14.8% -2.4%
2020-11-17 11:50 PM Oct -0.2% -4.9% -4.5%
2020-12-15 11:50 PM Nov -4.2% -0.2% 0.5% 0.5%


News Stream
Japan Exports Fall For Record 24th Straight Month
Exports from Japan dropped by 4.2 percent year-on-year to JPY 6.11 trillion in November 2020, defying market consensus of a 0.5 percent increase and marking the 24th straight month of decline, the longest stretch on record based on comparable data going back to 1979. The latest data point suggested a slower pace of recovery for the world's third-largest economy, due to subdued global demand amid the COVID-19 crisis. There were falls in exports of manufactured goods (-10.6 percent) such as iron and steel products; machinery (-3.0 percent) on the back of power generating machine, computer parts and metalworking machinery; and transport equipment (-4.5 percent) led by motor vehicles and parts. In contrast, sales of electrical machinery and chemicals were up. By destination, exports dropped to the US (-2.5 percent), the EU (-2.6 percent), ASEAN (-12.9 percent) and Taiwan (-12.7 percent), whereas sales increased to China (3.8 percent) and South Korea (3.1 percent).
2020-12-16
Japan Exports Edge Down 0.2% YoY
Exports from Japan declined by 0.2 percent year-on-year to JPY 6.57 trillion in October 2020, compared with a 4.9 percent slump a month earlier and market consensus of a 4.5 percent fall. This was the 23rd straight month of contraction in overseas sales but the second single-digit pace of fall in seven months, amid signs that the economy started to gradually rebound from the COVID-19 shocks. Shipments of transport equipment fell by 1.9 percent (vs -7.2 percent in September), while exports of machinery also decreased 2.8 percent (vs -7.8 percent), due to power generating machinery (-4.3 percent) and computers and units (-3.3 percent). Also, sales of manufactured goods tumbled 3.7 percent, dragged by iron & steel products (-20.4 percent). Exports increased to China (10.2 percent), the United States (2.5 percent), Taiwan (1.9 percent), and South Korea (9.0 percent), whereas sales to Western Europe declined 7.9 percent.
2020-11-18
Japan Exports Drop at Softer Pace
Exports from Japan declined by 4.9 percent year-on-year to JPY 6.06 trillion in September 2020, compared with a 14.8 percent slump a month earlier and market consensus of a 2.4 percent fall. This was the 22nd straight month of contraction in overseas sales but the first single-digit pace of fall in seven months, amid signs that the economy started to gradually rebound from the COVID-19 shocks. Shipments of transport equipment fell by 7.2 percent, while exports of machinery also decreased 7.8 percent, due to power generating machinery (-20.1 percent) and computers and units (-17.6 percent). Also, sales of manufactured goods tumbled 11.3 percent, dragged by iron & steel products (-29.1 percent). Exports declined to Western Europe (-6.4 percent), South Korea (-1.1 percent), Hong Kong (-9.8 percent) and Taiwan (-1.7 percent).In contrast, sales to China jumped 14 percent, following a 5.2 percent rise in August. Also, exports to the US rose by 0.7 percent.
2020-10-19
Japan Exports Extend Double-Digit Falls
Exports from Japan slumped 14.8 percent yoy to JPY 5.23 trillion in August 2020, compared with market consensus of a 16.1 percent drop and after a 19.2 plunge in the previous month. This was the 21th straight month of drop in overseas sales, amid deteriorating global demand due to the ongoing COVID-19 crisis and supply chain interruptions. Shipments of transport equipment plunged 23.2percent, while exports of machinery also fell 16.8 percent, due to power generating machinery (-25.6 percent) and metalworking machinery (-26.8 percent). Also, sales of manufactured goods dropped 14.1 percent, dragged by iron & steel products (-27.4 percent). Exports dropped to the US (-21.3 percent), Western Europe (-15.3 percent), South Korea (-13.8 percent), and Hong Kong (-4 percent) In contrast, sales to China climbed 5.1 percent, losing steam following an 8.2 percent increase in July.
2020-09-16

Japan Exports
Exports of high technology products have been the engine of Japan's economic growth since 1960. Exports account for around 19 percent of total GDP. In 2019 exports fell 5.6 percent from the previous year's record high amid global trade tensions. Main exports were: transport equipment (24 percent of total exports), with motor vehicles accounting for 16 percent; machinery (20 percent) on the back of power generating machine and semicon machinery; electrical machinery (17 percent), such as semiconductors, IC and electrical apparatus; chemicals (11 percent), mainly plastic materials and organic chemicals; and manufactured goods (11 percent), such as iron and steel products, nonferrous metals and manufactures of metals. Japan's main export partners were the US (20 percent), China (19 percent), the EU (12 percent) in particular Germany (3 percent), South Korea (7 percent), Taiwan (6 percent), Hong Kong (5 percent), and Thailand (4 percent).
Japan Exports by Country Last Previous
China 1359460.00 1457803.00 JPY Million Nov/20
United States 1181346.00 1299331.00 JPY Million Nov/20
European Union 560994.00 599227.00 JPY Million Nov/20
South Korea 401920.00 416117.00 JPY Million Nov/20
Taiwan 393775.00 422685.00 JPY Million Nov/20
Hong Kong 287125.00 303774.00 JPY Million Nov/20
Thailand 252677.00 287371.00 JPY Million Nov/20
Germany 158475.00 185630.00 JPY Million Nov/20
Singapore 149398.00 179295.00 JPY Million Nov/20
Malaysia 124261.00 123844.00 JPY Million Nov/20
Australia 119969.00 143961.00 JPY Million Nov/20
Netherlands 114613.00 109252.00 JPY Million Nov/20
United Kingdom 101251.00 98730.00 JPY Million Nov/20
India 100286.00 98671.00 JPY Million Nov/20
Philippines 83298.00 91078.00 JPY Million Nov/20
Indonesia 81905.00 77701.00 JPY Million Nov/20
Belgium 62246.00 67514.00 JPY Million Nov/20
Switzerland 54554.00 43629.00 JPY Million Nov/20
Russia 53312.00 60840.00 JPY Million Nov/20
France 50313.00 53789.00 JPY Million Nov/20
Japan Exports by Category Last Previous
Machinery & Transport Equipment 3723099.75 3980116.92 JPY Million Nov/20
Transport Equipment 1430623.00 1546530.00 JPY Million Nov/20
Electrical Machinery 1147714.00 1239423.00 JPY Million Nov/20
Passenger Cars 906050.00 965353.00 JPY Million Nov/20
Chemicals 754837.00 801987.00 JPY Million Nov/20
Re Goods 397935.73 429814.71 JPY Million Nov/20
Miscellaneous Articles 351068.85 391763.53 JPY Million Nov/20
Plastic Materials 219115.00 235708.00 JPY Million Nov/20
Chemical Compounds & Elements 207202.34 204031.75 JPY Million Nov/20
Power Generating Machinery 199180.00 207005.00 JPY Million Nov/20
Iron & Steel Products 199066.00 200953.00 JPY Million Nov/20
Precision Instruments 175242.25 189476.61 JPY Million Nov/20
Scientific,medical,optical Instruments 167807.00 182501.00 JPY Million Nov/20
Electrical Apparatus 158549.00 171849.00 JPY Million Nov/20
Organic Chemicals 136952.00 134452.00 JPY Million Nov/20
Non-ferrous Metals 136268.00 154264.00 JPY Million Nov/20
Chemical Materials & Products, Nes 128736.05 134978.34 JPY Million Nov/20
Flat-rolled Iron On Steel Prds. 125057.65 125318.76 JPY Million Nov/20
Office Machines 114819.65 117853.51 JPY Million Nov/20
Pumps & Centrifuges 104259.00 113783.00 JPY Million Nov/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category