Japan reported a trade deficit of JPY 412.39 billion in March 2022, compared with market consensus of a gap of JPY 100.8 billion and reversing from a surplus of JPY 615.63 billion in the same month a year earlier. The latest figure marked the eighth straight month of trade shortfall, as exports grew by 14.7% yoy to JPY 8,460.9 billion while imports jumped 31.2% to JPY 8,873.3 billion. Considering the first three month of the year, Japan posted a trade deficit of JPY 3,274.2 billion, compared to a surplus of JPY 464.4 billion in the corresponding period of 2021. source: Ministry of Finance, Japan
Balance of Trade in Japan averaged 330.70 JPY Billion from 1963 until 2022, 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 May of 2022.
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. In the long-term, the Japan Balance of Trade is projected to trend around 500.00 JPY Billion in 2023 and 160.00 JPY Billion in 2024, according to our econometric models.
