Japan Imports

Imports to Japan declined 5.2 percent from a year earlier to JPY 6.00 trillion in June 2019, compared to market expectations of a 0.4 percent decline and following a 1.5 percent drop in the previous month. Purchases were mainly lower for: foodstuff (-2.8 percent); raw materials (-10.8 percent); manufactured goods (-11 percent), such as nonferrous metals (-20.1 percent) and iron and steel products (-16.4 percent); mineral fuels (-4.1 percent), dragged by LNG (-11.7 percent) and petroleum products (-13.1 percent); machinery (-6.0 percent); electrical machinery (-3.3 percent); and transport equipment (-3.0 percent). Among main trade partners, imports dropped from China (-5.3 percent), South Korea (-13.6 percent), Australia (-4.1 percent), the US (-2.5 percent), the EU (-3.7 percent), and the Middle East (-6 percent). Imports in Japan averaged 3017.28 JPY Billion from 1963 until 2019, 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.

Imports in Japan is expected to be 6550.00 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 6600.00 in 12 months time. In the long-term, the Japan Imports is projected to trend around 6040.00 JPY Billion in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-04-16	11:50 PM	Imports YoY Mar	1.1%	-6.6%	2.6%
2019-05-21	11:50 PM	Imports YoY Apr	6.4%	1.2%	4.8%	2.1%
2019-06-18	11:50 PM	Imports YoY May	-1.5%	6.5%	0.2%	-0.8%
2019-07-17	11:50 PM	Imports YoY Jun	-5.2%	-1.5%	-0.4%
2019-08-18	11:50 PM	Imports YoY Jul		-5.2%
2019-09-17	11:50 PM	Imports YoY Aug
2019-10-20	11:50 PM	Imports YoY Sep

Japan Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	589.46	-968.30	1608.67	-2795.12	JPY Billion	[+]
Current Account	1594.84	1707.39	3360.40	-1456.11	JPY Billion	[+]
Current Account to GDP	3.50	4.00	4.70	-1.00	percent	[+]
Imports	5995.04	6803.64	8047.03	162.06	JPY Billion	[+]
Exports	6584.51	5835.34	7681.69	105.08	JPY Billion	[+]
External Debt	462696.00	442747.00	462696.00	141743.00	JPY Billion	[+]
Terms of Trade	97.70	96.80	276.10	83.10	Index Points	[+]
Foreign Direct Investment	8221.52	17484.94	70854.65	-3825.00	JPY Hundred Million	[+]
Capital Flows	32149.00	-12709.00	51996.00	-26928.00	JPY HML	[+]
Tourism Revenues	23084000.00	28213000.00	28213000.00	821000.00	JPY Thousand	[+]
Tourist Arrivals	2880000.00	2773100.00	2926700.00	225806.00		[+]
Gold Reserves	765.20	765.20	765.22	753.54	Tonnes	[+]
Terrorism Index	2.93	3.60	3.60	0.00		[+]
Crude Oil Production	3.00	3.00	13.00	3.00	BBL/D/1K	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Japan Imports

Japan main imports are: mineral fuels (21 percent of total imports) with petroleum accounting for 10 percent, electrical machinery (16 percent), machinery (10 percent), food (9 percent), manufactured goods (9 percent), chemicals (8 percent) and raw materials (6 percent). Japan's main import partners are China (25 percent), the United States (10 percent), Australia (5.4 percent), South Korea (4 percent), Saudi Arabia (3.9 percent), United Arab Emirates (3.6 percent) and Qatar (3.6 percent). 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.