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.