Exports from Japan increased by 7.5 % from a year earlier to JPY 6,329.2 billion in April 2017, compared to a 12 % gain in a month earlier. Market watchers had expected a 7.8 % rise. This was the fifth straight month of increases as sales rose for: machinery (11.3 %); chemicals (10.8 %); manufactured goods (7.1 %); electrical machinery (6.7 %); and transport equipment (1.3 %).
Among major trading partners, exports rose to China (14.8 %), the US (2.6 %), the EU (2.2 %), South Korea (22.3 %), Taiwan (14.7 %), Hong Kong (3.2 %) and Thailand (8.4 %). Exports in Japan averaged 3236.83 JPY Billion from 1963 until 2017, 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.
Exports of high technology products have been the engine of Japan’s economic growth since 1960. Exports account for around 17 % of total GDP. In 2015 main exports were: transport equipment (24 % of total exports) with transport vehicles accounting for 16 %; machinery (19 %); electrical machinery (17.6 %); manufactured goods (12 %) and chemicals (10 %). Japan’s main export partners are: the United States (20 %), China (18 %), South Korea (7 %) and Taiwan (6 %). 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 – actual data, historical chart and calendar of releases – was last updated on May of 2017.