Imports to Japan fell 9.5 percent year-on-year to JPY 6.10 trillion in January of 2021, compared with market forecasts of a 6.0 percent slump. Purchases were mainly dragged by mineral fuels (-27 percent); chemicals (-11.1 percent) and machinery (-6.2 percent). In contrast, imports of electrical machinery jumped 10.6 percent. Among major trading partners, purchases went down mainly from China (-0.9 percent) and Hong Kong (-9.8 percent). source: Ministry of Finance, Japan
Imports in Japan averaged 3097.60 JPY Billion from 1963 until 2021, reaching an all time high of 8047.03 JPY Billion in January of 2014 and a record low of 162.06 JPY Billion in January of 1963. This page provides the latest reported value for - Japan Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Imports - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Imports in Japan is expected to be 5800.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Japan to stand at 6200.00 in 12 months time. In the long-term, the Japan Imports is projected to trend around 6200.00 JPY Billion in 2022 and 6540.00 JPY Billion in 2023, according to our econometric models.