Exports from Japan rose by 11.9% yoy to JPY 7,332.65 billion in January 2024, beating market forecasts of 9.5% and quickening from a 9.7% growth in December. It was the strongest increase in shipments since November 2022, as sales of transport equipment jumped 24.1%, led by motor vehicles (31.6%) and cars (37.1%). Also, exports of machinery rose 5.1%, due to semicon machinery (27.5%); while those of electrical machinery gained 7.6%, led by semiconductors (8.3%). Further, exports of others surged 20.3%, driven by scientific, optical instruments (15.6%); and shipments of chemicals went up 11.2%, due to plastic materials (16.1%). Sales of manufactured goods were 8.2%, lifted by iron & steel products (7.2%). Exports rose to China (29.2%), the US (15.6%), Hong Kong (36.9%), Taiwan (10.8%), South Korea (1.3%), Vietnam (6.4%), India (27.5%), Australia (0.3%), Germany (14.9%), and the EU (13.8%); while falling to Singapore (-15.6%), Indonesia (-9.9%), and Russia (-65.8%). source: Ministry of Finance, Japan

Exports YoY in Japan increased to 11.90 percent in January from 9.70 percent in December of 2023. Exports YoY in Japan averaged 7.90 percent from 1964 until 2024, reaching an all time high of 89.20 percent in August of 1974 and a record low of -49.40 percent in February of 2009. This page includes a chart with historical data for Japan Exports YoY. Japan Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.

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Japan Exports YoY


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-23 11:50 PM
Exports YoY
Dec 9.8% -0.2% 9.1%
2024-02-20 11:50 PM
Exports YoY
Jan 11.9% 9.7% 9.5%
2024-03-20 11:50 PM
Exports YoY
Feb 11.9%


Related Last Previous Unit Reference
Balance of Trade -1758.31 68.89 JPY Billion Jan 2024
Current Account 744.29 1925.57 JPY Billion Dec 2023
Exports 7332.65 9643.35 JPY Billion Jan 2024
Imports 9090.97 9574.46 JPY Billion Jan 2024
Exports YoY 11.90 9.70 percent Jan 2024
Exports YoY 11.90 9.70 percent Jan 2024

Japan Exports YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
11.90 9.70 89.20 -49.40 1964 - 2024 percent Monthly
NSA

News Stream
Japan Export Growth at 14-Month High
Exports from Japan rose by 11.9% yoy to JPY 7,332.65 billion in January 2024, beating market forecasts of 9.5% and quickening from a 9.7% growth in December. It was the strongest increase in shipments since November 2022, as sales of transport equipment jumped 24.1%, led by motor vehicles (31.6%) and cars (37.1%). Also, exports of machinery rose 5.1%, due to semicon machinery (27.5%); while those of electrical machinery gained 7.6%, led by semiconductors (8.3%). Further, exports of others surged 20.3%, driven by scientific, optical instruments (15.6%); and shipments of chemicals went up 11.2%, due to plastic materials (16.1%). Sales of manufactured goods were 8.2%, lifted by iron & steel products (7.2%). Exports rose to China (29.2%), the US (15.6%), Hong Kong (36.9%), Taiwan (10.8%), South Korea (1.3%), Vietnam (6.4%), India (27.5%), Australia (0.3%), Germany (14.9%), and the EU (13.8%); while falling to Singapore (-15.6%), Indonesia (-9.9%), and Russia (-65.8%).
2024-02-21
Japan Exports Hit Fresh High
Exports from Japan rose by 9.8% yoy to a new record peak of JPY 9,648.21 billion in December 2023, beating market forecasts of 9.1% and shifting from a small drop in November. The latest result also pointed to the strongest growth in a year, with shipments of transport equipment jumping 36.6%, led by motor vehicles (35.9%) and cars (38.8%). Also, sales of machinery rose 2.0%, due to semicon machinery (7.9%); while those of electrical machinery gained 1.2%, led by semiconductors (0.7%). Further, exports of others climbed 11.5%, driven by scientific, optical instruments (7.4%); and shipments of chemicals went up 2.0%, due to plastic materials (8.4%). By contrast, sales of manufactured goods fell 0.3%, dragged by iron & steel products (-6.4%). Exports rose to China (9.6%), the US (20.4%), Hong Kong (19.1%), India (13.3%), Australia (24.5%), Germany (13.9%), and the EU (10.3%); while falling to Taiwan (-8.8%), South Korea (-2.6%), Singapore (-10.1%), Indonesia (-3.6%), and Russia (-65.6%).
2024-01-24
Japan Exports Unexpectedly Edge Down
Exports from Japan unexpectedly fell 0.2% yoy to JPY 8,819.59 billion in November 2023, declining for the first time since August and missing market forecasts of a 1.5% rise. Shipments of machinery shrank 10.2%, due to semicon machinery (-10.6%); and those of electrical machinery were 0.3% lower, rattled by electrical apparatus -12.5%). Also, sales of manufactured goods contracted 6.1%, owing to iron & steel products (-11.6%) and non-ferrous metals (-7.7%). Exports of chemicals decreased by 6.5%, dragged by organic chemicals (-5.7%). By contrast, exports of transport equipment rose 11.3%, led by motor vehicles (16.3%) and cars (18.9%). Meantime, sales of others grew by 5.2%. Exports declined to China (-2.2%), Taiwan (-15.4%), South Korea (-9.8%), Singapore (-13.5%), Thailand (-8.7%), Indonesia (-10.2%), Australia (-0.1%), and Russia (-60.9%); while expanding to the US (5.3%), Hong Kong (10.7%), Vietnam (13.7%), India (3.8%). Meantime, sales to the EU stagnated.
2023-12-20

Japan Exports by Country Last Previous
United States 1423357.00 2081001.00 JPY Million Jan/24
China 1250286.00 1771302.00 JPY Million Jan/24
European Union 769616.00 954913.00 JPY Million Jan/24
South Korea 519802.00 587443.00 JPY Million Jan/24
Taiwan 466121.00 561090.00 JPY Million Jan/24
Hong Kong 350024.00 424032.00 JPY Million Jan/24
Thailand 301593.00 339199.00 JPY Million Jan/24
Germany 198577.00 239582.00 JPY Million Jan/24
India 195242.00 216138.00 JPY Million Jan/24
Singapore 186372.00 225668.00 JPY Million Jan/24
Australia 174203.00 227235.00 JPY Million Jan/24
Malaysia 159967.00 168596.00 JPY Million Jan/24
Netherlands 142179.00 174635.00 JPY Million Jan/24
Indonesia 139385.00 170991.00 JPY Million Jan/24
United Kingdom 121045.00 164563.00 JPY Million Jan/24
Philippines 114432.00 126960.00 JPY Million Jan/24
France 69735.00 88790.00 JPY Million Jan/24
Italy 64727.00 81115.00 JPY Million Jan/24
Belgium 64241.00 87231.00 JPY Million Jan/24
Switzerland 49061.00 71975.00 JPY Million Jan/24
Spain 32350.00 46058.00 JPY Million Jan/24
New Zealand 20738.00 32372.00 JPY Million Jan/24
Sweden 19252.00 22509.00 JPY Million Jan/24
Pakistan 18429.00 14826.00 JPY Million Dec/23
Russia 14948.00 21802.00 JPY Million Jan/24
Norway 11677.00 9385.00 JPY Million Dec/23
Denmark 7905.00 7051.00 JPY Million Dec/23
Greece 4431.00 2704.00 JPY Million Dec/23
Japan Exports by Category Last Previous
Machinery & Transport Equipment 5808251.17 5203232.77 JPY Million Dec/23
Transport Equipment 1634019.00 2429097.29 JPY Million Jan/24
Electrical Machinery 1234746.00 1571812.47 JPY Million Jan/24
Passenger Cars 1066145.00 1602294.87 JPY Million Jan/24
Chemicals 865904.00 993658.79 JPY Million Jan/24
Re Goods 758472.95 761273.29 JPY Million Dec/23
Miscellaneous Articles 493196.69 457799.56 JPY Million Dec/23
Iron & Steel Products 347066.00 368126.00 JPY Million Jan/24
Chemical Compounds & Elements 279990.48 269106.77 JPY Million Dec/23
Precision Instruments 252276.15 229800.16 JPY Million Dec/23
Flat-rolled Iron On Steel Prds. 239170.77 235521.06 JPY Million Dec/23
Plastic Materials 221323.00 287898.78 JPY Million Jan/24
Non-ferrous Metals 186168.00 211391.06 JPY Million Jan/24
Power Generating Machinery 185679.00 275290.23 JPY Million Jan/24
Scientific,medical,optical Instruments 177679.00 243511.92 JPY Million Jan/24
Chemical Materials & Products, Nes 173951.96 162700.68 JPY Million Dec/23
Non Monetary Gold 172353.79 145925.44 JPY Million Dec/23
Organic Chemicals 169497.00 174998.28 JPY Million Jan/24
Crude Materials, Inedible, Except Fuels 151683.40 131994.07 JPY Million Dec/23
Electrical Apparatus 141480.00 194704.85 JPY Million Jan/24
Freighter 135464.39 104647.95 JPY Million Dec/23
Construction Machines 134643.00 191355.70 JPY Million Jan/24
Petroleum & Petroleum Products 132161.13 134838.73 JPY Million Dec/23
Office Machines 130731.02 121097.43 JPY Million Dec/23
Mineral Fuels 122097.00 132512.81 JPY Million Jan/24
Raw Materials 119846.00 156772.44 JPY Million Jan/24
Medical & Pharmaceutical Products 116606.00 113991.72 JPY Million Jan/24
Buses,trucks & Special Purpose Lorries 112238.00 160989.07 JPY Million Jan/24
Pumps & Centrifuges 105665.00 153247.38 JPY Million Jan/24
Electric Power Machinery 103729.00 142130.46 JPY Million Jan/24
Inorganic Chemicals 100367.00 96972.31 JPY Million Dec/23
Metal Products 98095.00 128748.85 JPY Million Jan/24
Metalliferous Ores & Metal Scrap 92509.26 81115.03 JPY Million Dec/23
Food & Live Animals 88896.18 76916.97 JPY Million Dec/23
Ships 88622.00 159932.10 JPY Million Jan/24
Switches, Relays & Fuses 82892.62 73914.93 JPY Million Dec/23
Parts of Computer 80885.00 90694.12 JPY Million Jan/24
Rubber Products 78690.00 106444.62 JPY Million Jan/24
Foodstuff 71733.00 105920.58 JPY Million Jan/24
Metal Working Machinery 71714.00 109194.90 JPY Million Jan/24
Rubber Tires & Tubes 70289.43 63990.71 JPY Million Dec/23
Non-metallic Mineral Manufactures 69722.00 93568.10 JPY Million Jan/24
Iron Less Than 3mm Thickness 68051.78 69822.61 JPY Million Dec/23
Visual Apparatus 63640.43 61261.54 JPY Million Dec/23
Motorcycles 62571.29 55676.85 JPY Million Dec/23
Photographic & Cinematographic Supplies 58242.00 65689.30 JPY Million Jan/24
Textile Fibres & Product 54343.00 77404.24 JPY Million Jan/24
Dyeing Tanning & Colouring Materials 52598.77 48607.02 JPY Million Dec/23
Tubes, Pipes & Fittings 51679.40 50582.07 JPY Million Dec/23
Iron & Steel Wire, Bars & Rods Shapes 49744.91 49587.63 JPY Million Dec/23
Mechanical Handling Equipment 48030.00 64184.69 JPY Million Jan/24
Batteries & Accumulators 47042.00 72463.38 JPY Million Jan/24
Tubes & Pipes 46753.13 46146.20 JPY Million Dec/23
Electric Motors 43672.96 38810.59 JPY Million Dec/23
Iron & Steel, Bars & Rods 36600.00 35722.25 JPY Million Dec/23
Motorcycles,autocycles & The Like 36192.00 55937.01 JPY Million Jan/24
Woven Fabrics 34906.48 32324.25 JPY Million Dec/23
Ball Or Roller Bearings, Total 34084.00 46084.07 JPY Million Jan/24
Plated Or Coated Clad 33903.95 30084.03 JPY Million Dec/23
Heating Or Cooling Eqp. 30409.00 39869.46 JPY Million Jan/24
Agriculture-use Machinery, Global Total 29599.90 21331.64 JPY Million Dec/23
Crude Rubber 27779.19 23714.77 JPY Million Dec/23
Fish & Fish Preparations 26552.03 22302.09 JPY Million Dec/23
Computer & Units 26241.00 36651.31 JPY Million Jan/24
Paper & Paper Products 23302.00 30111.32 JPY Million Jan/24
Steel Tankers 22383.15 4266.45 JPY Million Dec/23
Miscellaneous Food Preparations 21933.88 19704.91 JPY Million Dec/23
Video Tape Recorders & The Like 21931.00 34632.91 JPY Million Jan/24
Silicon & Electrical Steel 19809.10 15968.81 JPY Million Dec/23
Blooms, Billets, Slabs & Sheet Bars 19312.71 22084.72 JPY Million Dec/23
Textile Machinery 18586.00 25872.21 JPY Million Jan/24
Mineral, Tar & Crude Chemicals 18509.96 23322.73 JPY Million Dec/23
Plated Or Coated Zinc 18003.86 16582.55 JPY Million Dec/23
Stainless Steel 17833.87 14765.47 JPY Million Dec/23
Synthetic Fibres Fabrics 17788.99 15460.70 JPY Million Dec/23
Beverages & Tobacco 17024.40 14050.54 JPY Million Dec/23
Beverages 15530.41 12505.40 JPY Million Dec/23
Office & Stationery Supplies 14506.62 13961.60 JPY Million Dec/23
Parts of Audio & Visual Apparatus 14480.00 18987.83 JPY Million Jan/24
Polyvinyl Chloride Resins 14224.73 12948.66 JPY Million Dec/23
Camera Lenses 13933.42 13129.45 JPY Million Dec/23
Blanks/recorded Media 13607.28 12049.22 JPY Million Dec/23
Clothing & Clothing Accessories 13327.82 11077.72 JPY Million Dec/23
Rubber Materials 13077.31 10745.36 JPY Million Dec/23
Household Appliances 12677.66 12084.37 JPY Million Dec/23
Polyethylene 12443.23 11763.19 JPY Million Dec/23
Textile Yarn & Thread 12403.40 9759.38 JPY Million Dec/23
Slabs 11749.50 13205.00 JPY Million Dec/23
Stainless, Less Than 3mm Thickness 11317.76 8509.13 JPY Million Dec/23
Textile Fibres & Their Waste 11317.08 9242.26 JPY Million Dec/23
Cereals & Cereal Preparations 11308.35 10407.89 JPY Million Dec/23
Pens, Pencils & Fountainpens 10505.32 10074.12 JPY Million Dec/23
Synthetic Fibres, Yarn & Thread 10015.63 7885.49 JPY Million Dec/23
Fruit & Vegetables 9582.92 7133.43 JPY Million Dec/23
Furniture 9544.26 8532.47 JPY Million Dec/23
Synthetic & Regerated Artificial Fibres 9118.04 7204.94 JPY Million Dec/23
Printing & Bookbinding Mach. 8507.31 6228.51 JPY Million Dec/23
Pulp, Waste & Scrap of Paper 8017.67 7986.77 JPY Million Dec/23
Musical Instruments 7646.11 7658.04 JPY Million Dec/23
Iron & Steel Wire, Bars & Rods 7632.70 6785.84 JPY Million Dec/23
Electric Generators 7589.91 7945.82 JPY Million Dec/23
Coffee,tea,cocoa & Spices 7132.28 6196.85 JPY Million Dec/23
Meat & Meat Preparations 6660.38 6191.42 JPY Million Dec/23
Knitted Or Crocheted Fabrics 6184.71 6614.13 JPY Million Dec/23
Television Receivers 5866.00 7101.76 JPY Million Jan/24
Iron & Steel, Bars & Rods Shapes 5512.21 7079.53 JPY Million Dec/23
Animal & Vegetable Oils & Fats 5089.04 4260.50 JPY Million Dec/23
Crude Fertilizers & Crude Minerals 4930.77 5142.13 JPY Million Dec/23
Audio Apparatus 4531.48 3813.51 JPY Million Dec/23
Rails & Railway Construction Materials 4000.58 5165.05 JPY Million Dec/23
Food-processing Machines 3874.81 3454.45 JPY Million Dec/23
Rails 3859.04 4611.01 JPY Million Dec/23
Polystyrene 3364.54 3251.94 JPY Million Dec/23
Paper Or Pulp Machinery 3083.75 4966.60 JPY Million Dec/23
Cement 2999.41 3278.89 JPY Million Dec/23
Wood, Lumber & Cork 2833.62 2565.92 JPY Million Dec/23
Sewing Machines 2620.16 2310.51 JPY Million Dec/23
Sugar,sugar Preparations & Honey 2347.49 1958.54 JPY Million Dec/23
Processed Oils & Fats, Waxes 2282.32 2119.18 JPY Million Dec/23
Chemical Fertilizers 2033.36 1425.89 JPY Million Dec/23
Feeding Stuff For Animals 1831.57 1492.29 JPY Million Dec/23
Animal Oils & Fats 1659.56 1053.86 JPY Million Dec/23
Lighting Fixtures & Fittings & Parts 1613.58 1506.08 JPY Million Dec/23
Wood & Cork Manufactures 1555.09 1534.84 JPY Million Dec/23
Dairy Products & Eggs 1292.28 1279.16 JPY Million Dec/23
Footwear 1153.54 1227.93 JPY Million Dec/23
Fixed Vegetable Oils & Fats 1147.16 1087.47 JPY Million Dec/23
Hides,skins & Fur Skins,undressed 560.66 495.43 JPY Million Dec/23
Refrigerators & Parts 403.09 411.17 JPY Million Dec/23
Melamine Resins 392.92 357.33 JPY Million Dec/23
Discontinuous Viscose Rayon Fibres 383.61 393.23 JPY Million Dec/23
Gas,natural & Manufactured 323.34 124.23 JPY Million Dec/23
Cameras 306.03 237.43 JPY Million Dec/23
Envelopes, Notebooks & Similar Paper 269.90 323.27 JPY Million Dec/23
Live Animals 253.34 249.49 JPY Million Dec/23
Cotton Yarn & Thread 174.16 165.54 JPY Million Dec/23
Explosive & Pyrotechnic Products 159.41 116.79 JPY Million Dec/23
Seeds, Oil Nuts & Oil Kernels 40.59 52.10 JPY Million Dec/23
Coal, Coke & Briquettes 28.34 27.47 JPY Million Dec/23

United Nations Comtrade Database
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