Japan recorded a trade deficit of 637.61 JPY Billion in May of 2025. This dataset provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan trade balance for 2023 was -64.81 billion US dollars, a 59.5% decline from 2022.

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<li>Japan trade balance for 2022 was <strong>-160.05 billion US dollars</strong>, a <strong>510.73% increase</strong> from 2021.</li>
<li>Japan trade balance for 2021 was <strong>-26.21 billion US dollars</strong>, a <strong>92.87% increase</strong> from 2020.</li>
<li>Japan trade balance for 2020 was <strong>-13.59 billion US dollars</strong>, a <strong>8.25% decline</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Japan (XTNTVA01JPQ664S) from Q1 1955 to Q1 2025 about Japan, trade, Net, and goods.

In 2023, Japan recorded a surplus in goods and services trade with the United States valued at around 10.3 trillion Japanese yen. The Japanese trade balance with the U.S. remained positive in recent years, with a decade-high reported in 2023.

Key information about Japan's Trade Balance

• Japan's Trade Balance recorded a deficit of 5.5 USD bn in Jan 2025, compared with a deficit of 1.4 USD bn in the previous month
• Japan's Trade Balance data is updated monthly, available from Apr 1995 to Jan 2025, with an averaged value of 4.0 USD bn
• The data reached an all-time high of 11.3 USD bn in Feb 2004 and a record low of -20.0 USD bn in Feb 2014

• In the latest reports, Japan's Total Exports reached 59.1 USD bn in Jan 2025, an increase of 15.9% YoY (year-on-year)
• Total Imports recorded 64.6 USD bn in Jan 2025, an increase of 15.9% YoY (year-on-year)

The statistic shows Japan's trade balance of goods from 2013 to 2023. The trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. In 2023, Japan's trade deficit amounted to around 68.54 billion U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Japan (XTNTVA01JPM664N) from Jan 1955 to Apr 2025 about Japan, trade, Net, and goods.

Japan JP: Trade Balance: Services: Asia and Oceania data was reported at -650,621.700 JPY mn in 2021. This records a decrease from the previous number of 8,721.600 JPY mn for 2020. Japan JP: Trade Balance: Services: Asia and Oceania data is updated yearly, averaging 1,996,687.900 JPY mn from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 2,920,474.400 JPY mn in 2018 and a record low of -650,621.700 JPY mn in 2021. Japan JP: Trade Balance: Services: Asia and Oceania data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual. The British Indian Ocean Territory is included in Asia. Oceania includes American Samoa, Antarctica, Argentinian Antarctic Territory, British Antarctic Territory, Chilean Antarctic Territory, Cook Islands, Fiji, French Polynesia, French Southern and Antarctic Territory, Guam, Johnston and Sand Islands, Kiribati, Marshall Islands, Federated States of Micronesia, Micronesia, Melanesia, Midway Islands, Nauru, New Caledonia, New Zealand, Niue, Northern Mariana Islands, Norfolk Island, Oceania and Antarctica, Polynesia (excluding Hawaii) nec, Polynesia (excluding Hawaii), United States Pacific Islands n.i.e., Palau, Pitcairn, Papua New Guinea, Queen Maud Land (Norway), Ross Dependency (New Zealand), Samoa, Samoa American, Solomon Islands, Tokelau, Tonga, Tuvalu, United States Miscellaneous Island, Vanuatu, Wake Island and Wallis and Futuna.

Japan Trade Balance: sa data was reported at -233.603 JPY bn in Mar 2025. This records a decrease from the previous number of 191.373 JPY bn for Feb 2025. Japan Trade Balance: sa data is updated monthly, averaging 427.640 JPY bn from Apr 1995 (Median) to Mar 2025, with 360 observations. The data reached an all-time high of 1,412.451 JPY bn in May 1998 and a record low of -2,318.880 JPY bn in Oct 2022. Japan Trade Balance: sa data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA001: Trade Statistics.

In 2024, Japan recorded an international trade deficit in goods and services valued at around *** trillion Japanese yen. Since ****, imports of goods and services have exceeded exports.

In 2023, Japan recorded a deficit in goods and services trade with China valued at almost six trillion Japanese yen. Even though the trade deficit shrank in previous years, it exceeded five trillion yen again in 2022 as imports exceeded exports.

In 2023, Japan recorded a deficit in goods and service trade with Australia valued at more than seven trillion Japanese yen. The Japanese trade balance with Australia remained negative in recent years, as imports exceeded the value of exports for consecutive years. Apart from fossil fuels and nonferrous metals, meats, in particular beef and veal, are major commodities imported to Japan.

Japan Trade Balance: South Korea data was reported at 194.246 JPY bn in Jun 2018. This records an increase from the previous number of 172.003 JPY bn for May 2018. Japan Trade Balance: South Korea data is updated monthly, averaging 134.349 JPY bn from Jan 1988 (Median) to Jun 2018, with 366 observations. The data reached an all-time high of 336.433 JPY bn in Sep 2008 and a record low of -3.883 JPY bn in Jan 1998. Japan Trade Balance: South Korea data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA003: Trade Balance: By Country.

In 2023, Japan recorded a surplus in goods and services trade with South Korea valued at around 2.2 trillion Japanese yen. While Japanese balance of trade with South Korea remained positive, the surplus fluctuated continuously, impacted by trade disputes between the two East Asian nations and successive global crises.

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Japan Trade Balance: Asia data was reported at 565.995 JPY bn in Sep 2018. This records an increase from the previous number of 533.682 JPY bn for Aug 2018. Japan Trade Balance: Asia data is updated monthly, averaging 410.306 JPY bn from Jan 1988 (Median) to Sep 2018, with 369 observations. The data reached an all-time high of 1,168.969 JPY bn in Mar 2010 and a record low of -971.382 JPY bn in Jan 2014. Japan Trade Balance: Asia data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA003: Trade Balance: By Country.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Japan (DISCONTINUED) (BPBLTD01JPQ637N) from Q1 1985 to Q4 2013 about current account, BOP, Japan, trade, and goods.

The timeline shows the total value of U.S. trade in goods (export and import) with Japan from 2000 to 2024. In 2024, the total value of U.S. trade in goods with Japan amounted to about *** billion U.S. dollars; composed of exports worth ** billion U.S. dollars and imports of *** billion U.S. dollars.

Japan Trade Balance: Paraguay data was reported at 0.700 JPY bn in Oct 2018. This records an increase from the previous number of 0.695 JPY bn for Sep 2018. Japan Trade Balance: Paraguay data is updated monthly, averaging 0.409 JPY bn from Jan 1988 (Median) to Oct 2018, with 370 observations. The data reached an all-time high of 2.669 JPY bn in Oct 1990 and a record low of -2.636 JPY bn in Oct 1996. Japan Trade Balance: Paraguay data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA003: Trade Balance: By Country.