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%). source: Ministry of Finance, Japan

Exports in Japan averaged 3451.33 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 May of 2021.

Exports in Japan is expected to be 5100.00 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 6400.00 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.

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Japan Exports

Actual Previous Highest Lowest Dates Unit Frequency
7378.12 6038.00 7681.69 105.08 1963 - 2021 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-20 11:50 PM Dec 2% -4.2% 2.4%
2021-02-16 11:50 PM Jan 6.4% 2% 6.6% 4.7%
2021-03-16 11:50 PM Feb -4.5% 6.4% -0.8%
2021-04-18 11:50 PM Mar 16.1% -4.5% 11.6%


News Stream
Japan Exports Rise the Most in Over 3 Years
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%).
2021-04-19
Japan Exports Fall More than Expected
Exports from Japan decreased by 4.5 percent year-on-year to JPY 6.04 trillion in February of 2021, compared with market expectations of a 0.8 percent decline. It was the first decline in three months amid lower sales of machinery (-1.4 percent), electrical machinery (-0.9 percent), transport equipment (-12.8 percent), and manufactured goods (-5.2 percent). On the bright side, sales of chemicals increased by 5.2 percent. Among major trading partners, shipments declined to the US (-14 percent) and to Hong Kong (-8.5 percent), whereas sales to China climbed 3.4 percent.
2021-03-17
Japan Exports Rise for Second Month
Exports from Japan rose by 6.4 percent year-on-year to JPY 5.78 trillion in January of 2021, compared with market expectations of a 2.0 percent gain. It was the second consecutive month of gains amid higher sales of electrical machinery (13.2 percent), machinery (18.7 percent) and manufactured goods (6.0 percent). On the other hand, exports of transport equipment declined 8.7 percent. Among major trading partners, shipments advanced to China (37.5 percent), South Korea (15.5 percent) and Taiwan (21.7 percent). Meanwhile, exports to the US dropped 4.8 percent.
2021-02-16
Japan Exports Return to Growth
Exports from Japan rose by 2 percent year-on-year to JPY 6.71 trillion in December 2020, below market consensus of 2.4 percent increase but ending 24 straight months of declines, the longest stretch on record based on comparable data going back to 1979. Several categories reported double-digit growth: foodstuff (14.0 percent), raw materials (24.1 percent), and chemicals (10 percent). In contrast, exports of manufactured goods fell 1.6 percent; of transport equipment 2.7 percent, and of mineral fuels 51.5 percent. Among top partners, sales to China jumped 10.2 percent, to Korea 20.8 percent, and to Hong Kong 6.4 percent, whereas exports to the United States declined 0.7 percent.
2021-01-21

Japan Exports
Exports of high technology products have been the engine of Japan's economic growth since 1960. Exports account for around 19 percent of total GDP. In 2019 exports fell 5.6 percent from the previous year's record high amid global trade tensions. Main exports were: transport equipment (24 percent of total exports), with motor vehicles accounting for 16 percent; machinery (20 percent) on the back of power generating machine and semicon machinery; electrical machinery (17 percent), such as semiconductors, IC and electrical apparatus; chemicals (11 percent), mainly plastic materials and organic chemicals; and manufactured goods (11 percent), such as iron and steel products, nonferrous metals and manufactures of metals. Japan's main export partners were the US (20 percent), China (19 percent), the EU (12 percent) in particular Germany (3 percent), South Korea (7 percent), Taiwan (6 percent), Hong Kong (5 percent), and Thailand (4 percent).
Japan Exports by Country Last Previous
China 1634360.00 1174310.00 JPY Million Mar/21
United States 1239470.00 1092233.00 JPY Million Mar/21
European Union 714544.00 589168.00 JPY Million Mar/21
South Korea 495237.00 424190.00 JPY Million Mar/21
Taiwan 490779.00 411958.00 JPY Million Mar/21
Hong Kong 319849.00 259086.00 JPY Million Mar/21
Thailand 305336.00 281521.00 JPY Million Mar/21
Germany 204293.00 168073.00 JPY Million Mar/21
Singapore 193977.00 166262.00 JPY Million Mar/21
Malaysia 162382.00 132892.00 JPY Million Mar/21
Australia 160232.00 131981.00 JPY Million Mar/21
India 143732.00 109303.00 JPY Million Mar/21
Netherlands 133045.00 109779.00 JPY Million Mar/21
Indonesia 124768.00 100766.00 JPY Million Mar/21
Philippines 106079.00 80770.00 JPY Million Mar/21
United Kingdom 89173.00 91795.00 JPY Million Mar/21
Belgium 75726.00 59094.00 JPY Million Mar/21
Russia 74223.00 62915.00 JPY Million Mar/21
France 70063.00 56313.00 JPY Million Mar/21
Italy 51445.00 47293.00 JPY Million Mar/21
Japan Exports by Category Last Previous
Machinery & Transport Equipment 4376523.70 3589508.90 JPY Million Mar/21
Transport Equipment 1597770.00 1313576.00 JPY Million Mar/21
Electrical Machinery 1277930.00 1081441.00 JPY Million Mar/21
Passenger Cars 939840.00 761153.00 JPY Million Mar/21
Chemicals 888569.00 762721.00 JPY Million Mar/21
Re Goods 493458.55 392770.61 JPY Million Mar/21
Miscellaneous Articles 413610.55 338482.24 JPY Million Mar/21
Iron & Steel Products 299180.00 236763.00 JPY Million Mar/21
Plastic Materials 261420.00 216970.00 JPY Million Mar/21
Chemical Compounds & Elements 247366.34 214664.39 JPY Million Mar/21
Power Generating Machinery 241800.00 199486.00 JPY Million Mar/21
Precision Instruments 211679.24 172047.29 JPY Million Mar/21
Scientific,medical,optical Instruments 203997.00 166193.00 JPY Million Mar/21
Flat-rolled Iron On Steel Prds. 191704.65 154996.95 JPY Million Mar/21
Non-ferrous Metals 184667.00 138214.00 JPY Million Mar/21
Electrical Apparatus 180961.00 149820.00 JPY Million Mar/21
Organic Chemicals 167729.00 135851.00 JPY Million Mar/21
Chemical Materials & Products, Nes 154138.85 128808.01 JPY Million Mar/21
Raw Materials 141059.00 104389.00 JPY Million Mar/21
Ships 138243.00 96681.00 JPY Million Mar/21

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category