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%). source: Ministry of Finance, Japan
Exports in Japan averaged 3466 JPY Billion from 1963 until 2021, reaching an all time high of 7681.69 JPY Billion in March of 2008 and a record low of 105.08 JPY Billion in January of 1963. This page provides the latest reported value for - Japan Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Exports - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Exports in Japan is expected to be 6300.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Japan to stand at 6300.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 6700.00 JPY Billion in 2022, according to our econometric models.