Japan recorded a trade surplus of JPY 872.9 billion in October of 2020, compared with a JPY 11.2 billion surplus a year earlier and market expectations of a JPY 250 billion surplus. It was the fourth straight month of surplus and the largest since February, as exports fell by 0.2 percent year-on-year to JPY 6.57 billion while imports dropped at a faster 13.3 percent to JPY 5.69 billion. Considering the first ten months of the year, Japan posted a trade gap of JPY 420.5 billion, narrowing from a JPY 1,420.3 billion shortfall in the same period of 2019. source: Ministry of Finance, Japan

Balance of Trade in Japan averaged 344.76 JPY Billion from 1963 until 2020, reaching an all time high of 1608.68 JPY Billion in September of 2007 and a record low of -2795.12 JPY Billion in January of 2014. This page provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Balance of Trade in Japan is expected to be 200.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Japan to stand at 300.00 in 12 months time. In the long-term, the Japan Balance of Trade is projected to trend around 0.00 JPY Billion in 2021 and 160.00 JPY Billion in 2022, according to our econometric models.

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Japan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
872.90 687.80 1608.68 -2795.12 1963 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-18 11:50 PM Jul ¥11.6B ¥-269.3B ¥-77.6B ¥-120B
2020-09-15 11:50 PM Aug ¥248.3B ¥10.9B ¥-37.5B ¥-50B
2020-10-18 11:50 PM Sep ¥675B ¥248.6B ¥989.8B ¥ 900B
2020-11-17 11:50 PM Oct ¥872.9B ¥687.8B ¥250B ¥210B
2020-12-15 11:50 PM Nov ¥872.9B ¥-810B
2021-01-22 11:50 PM Dec
2021-02-18 11:50 PM Jan
2021-03-17 11:50 PM Feb
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Japan Trade Surplus Beats Expectations
Japan recorded a trade surplus of JPY 872.9 billion in October of 2020, compared with a JPY 11.2 billion surplus a year earlier and market expectations of a JPY 250 billion surplus. It was the fourth straight month of surplus and the largest since February, as exports fell by 0.2 percent year-on-year to JPY 6.57 billion while imports dropped at a faster 13.3 percent to JPY 5.69 billion. Considering the first ten months of the year, Japan posted a trade gap of JPY 420.5 billion, narrowing from a JPY 1,420.3 billion shortfall in the same period of 2019.
2020-11-18
Japan September Trade Surplus Below Estimates
Japan recorded a trade surplus of JPY 674.98 billion in September of 2020, compared with a JPY 129.07 billion deficit a year earlier and market expectations of a JPY 989.8 billion surplus. It was the third straight month of surplus and the largest since February, as exports fell by 4.9 percent year-on-year to JPY 6.06 billion while imports dropped at a faster 17.2 percent to JPY 5.38 billion. Considering the first nine months of the year, Japan posted a trade gap of JPY 1,306.25 billion, narrowing from a JPY 1,431.46 billion shortfall in the same period of 2019.
2020-10-18
Japan Trade Surplus Beats Expectations
Japan recorded a trade surplus of JPY 248.3 billion in August of 2020 compared to a JPY 152.2 billion deficit a year earlier and expectations of a JPY 37.5 billion deficit. It was the second surplus in five months, as imports declined 20.8 percent to JPY 4.98 trillion and exports dropped 14.8 percent to JPY 5.23 trillion, dragged mainly by purchases of the US and Western Europe.
2020-09-15
Japan Trade Balance Switches to Surplus
Japan recorded a trade surplus of JPY 11.60 JPY billion in July of 2020 compared to a JPY 254 billion deficit a year earlier. It was the first surplus in four months, as imports declined 22.3 percent to JPY 5.36 trillion and exports dropped 19.2 percent to JPY 5.39 trillion, dragged mainly by purchases of the US and Western Europe.
2020-08-18

Japan Balance of Trade
Between 1980 and 2010 Japan had been recording trade surpluses every year due to rising exports. However, the trade balance swung to deficit in 2011, as the Fukushima nuclear disaster forced the country to increase its purchases of fossil fuels and gas in the wake of weaker yen. The surplus was back in 2016 and 2017, but in 2018 and 2019 Japan's trade balance shifted back into deficit amid persistent trade tensions between the US and China, and sluggish global growth. In 2019, Japan reported the biggest trade surpluses with the US, Hong Kong, South Korea, Taiwan, Singapore and the Netherlands. The biggest trade deficits were recorded with China, Australia, Saudi Arabia, the UAE and Qatar.