Japan posted a trade surplus of JPY 383.18 billion in June 2021, reversing from a deficit of JPY 290.95 billion in the same month a year earlier and compared with market consensus of JPY 460 billion. Exports jumped 48.6 percent year-on-year to JPY 7,221 billion while imports rose at a softer 32.7 percent to JPY 6,838 billion. Considering the first six months of the year, the country registered a trade gap of JPY 613.51 billion, down sharply from a deficit of JPY 1,486 billion in the same period of 2020. source: Ministry of Finance, Japan
Balance of Trade in Japan averaged 343.64 JPY Billion from 1963 until 2021, 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 July of 2021.
Balance of Trade in Japan is expected to be 300.00 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 -200.00 in 12 months time. In the long-term, the Japan Balance of Trade is projected to trend around 500.00 JPY Billion in 2022 and 160.00 JPY Billion in 2023, according to our econometric models.