Exports from Japan fell 6.3 percent from a year earlier to JPY 6.58 trillion in December 2019, marking the thirteenth consecutive month of declines in overseas sales, compared to a 7.9 percent tumble in November and market expectations of 4.2 percent slump. This mainly reflected lower shipments of transport equipment (-10.7 percent), of which cars (-11.6 percent) and parts of motor vehicles (-10.9 percent); manufactured goods (-9.1 percent), such as iron & steel products (-13.3 percent); machinery (-6.2 percent), mostly power generating machines (-6.1 percent); electrical machinery (-3.2 percent) and chemicals (-4.8 percent). Among major trading partners, sales declined to South Korea (-16.2 percent), Thailand (-15 percent), the US (-14.9 percent) and Germany (-4.6 percent), but rose to China (0.8 percent), Hong Kong (2.3 percent) and Taiwan (13.3 percent). Considering full 2019, exports went down 5.6 percent, the first fall in three years.
Exports in Japan averaged 3398.93 JPY Billion from 1963 until 2019, 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. source: Ministry of Finance, Japan
Exports in Japan is expected to be 7000.00 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 6950.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 7050.00 JPY Billion in 2020, according to our econometric models.