Japan Exports1963-2021 Data | 2022-2023 Forecast | Calendar | Historical | Chart

Exports from Japan soared 48.6% yoy to a three-month high of JPY 7,221 billion in June 2021, compared with market forecasts of a 46.2% growth and after a 49.6% rise in May. This was the fourth straight month of growth in sales, amid strong signs that a recovery in global trade gained strength and low base effects from last year. Exports of machinery jumped 42%, led by power generating machines (39.2%); while those of transport equipment surged 68.1%, boosted by motor vehicles (102.8%), and cars (100.6%). In addition, there were rises in shipments of electrical machinery (39.9%), driven by semiconductors (24.7%); others (47.3%), led by scientific instruments (26%); chemicals (39.6%), driven by plastic materials (43.1%); and manufactured goods (56.7%), due to iron and steel products (73%). Sales rose to most countries: China (27.7%), Taiwan (27.8%), Hong Kong (18%), South Korea (36.4%), Thailand (98.7%), the US (85.5%), Germany (51.3%), and Australia (55.6%).

Exports from Japan jumped 49.6% yoy to JPY 6,261 billion in May 2021, compared with estimates of a 51.3% growth and after a 38% rise in April. This was the third straight month of growth in sales and the steepest pace since April 1980, amid strong signs that a recovery in global trade gained strength and amid low base effects from last year. Sales of machinery surged 40.4%, led by power generating machines (46.3%); while those of transport equipment soared 118.9%, boosted by motor vehicles (135.5%), and cars (138.1%). In addition, there were rises in shipments of electrical machinery (32.9%), driven by semiconductors (12.7%); others (43.4%), led by scientific instruments (37.3%); chemicals (32.6%), driven by plastic materials (33.8%); and manufactured goods (45.7%), due to iron and steel products (43.5%). Exports rose to most countries: China (23.6%), Taiwan (25.8%), Hong Kong (18.8%), South Korea (18.5%), Thailand (55.2%), the US (87.9%), Germany (74.7%), and Australia (113%).

Exports from Japan jumped 38.0% yoy to JPY 7,181 billion in March 2021, beating market consensus of a 30.9% growth and after a 16.1% rise in March. This was the steepest growth in outbound shipments since April 2010, on strong signs that a recovery in global trade gained strength. Sales of transport equipment soared 69.4%, boosted by motor vehicles (88.9%), and cars (92%). Exports of machinery surged 40.3%, led by power generating machines (34.4%). In addition, there were rises in sales of electrical machinery (25.6%), driven by semiconductors (11.4%); others (32.9%), led by scientific instruments (20.1%); chemicals (28.5%), driven by plastic materials (23.4%); and manufactured goods (27.4%), due to iron and steel products (20.6%), and nonferrous metals (48.5%). Exports rose to most countries: China (33.9%), Taiwan (24.3%), Hong Kong (20.2%), South Korea (25.6%), Thailand (35.1%), the US (45.1%), Germany (32.9%), and Australia (102.1%).

Exports from Japan jumped 16.1% yoy to JPY 7.38 billion in March 2021, beating market consensus of an 11.6% growth and after a 4.5% fall in February. This was the steepest growth in outbound shipments since November 2017, amid fresh indication that a recovery in global trade gained strength. Sales of transport equipment rose 11.9%, boosted by motor vehicles (11.2%), and cars (10.5%). Exports of machinery grew 18.7%, led by power generating machines (7.9%). In addition, there were rises in sales of electrical machinery (12.7%), driven by semiconductors (9.8%); others (23.4%), driven by scientific instruments (17%); chemicals (18.5%), driven by plastic materials (23.7%); and manufactured goods (13%), due to iron and steel products (1.5%), and nonferrous metals (38.9%). Exports rose to most countries: China (37.2%), Taiwan (13.6%), Hong Kong (15%), South Korea (111.2%), Thailand (19.1%), the US (4.9%), Germany (11.3%), and Australia (28.7%).