Balance of trade · Japan
Japan Exports YoY
The Japan Exports YoY shows the difference between the value of goods (and sometimes services) that Japan sells abroad and what it buys from abroad, or the growth of exports and imports.
- Importancia
- Medium
- Publicado
- Monthly
- Próxima publicación
- Divisa
- JPY · Japanese yen
- Banco central
- The Bank of Japan
Últimas cifras
El último dato, de SEP, se publicó el 2026-10-20 y fue 16.7%. Está por debajo del consenso de 20.1%. Es menos que 19.3% la vez anterior.
A smaller surplus (or larger deficit) than expected tends to weigh on the Japanese yen.
En las últimas 12 publicaciones osciló entre 3.6% y 23.2%, con una media de 13.2%. Ha bajado tres publicaciones seguidas.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 20 Oct 2026 | SEP | 16.7% | 20.1% | 19.3% |
| 15 Sep 2026 | AUG | 19.3% | 18.2% | 23.2% |
| 19 Aug 2026 | JUL | 23.2% | 19.9% | 19.3% |
| 21 Jul 2026 | JUN | 19.3% | 18.6% | 16.8% ® |
| 16 Jun 2026 | MAY | 17% | 16.2% | 14.8% |
| 20 May 2026 | APR | 14.8% | 9.3% | 11.5% ® |
| 21 Apr 2026 | MAR | 11.7% | 11% | 4% ® |
| 17 Mar 2026 | FEB | 4.2% | 1.6% | 16.8% |
| 17 Feb 2026 | JAN | 16.8% | 12% | 5.1% |
| 21 Jan 2026 | DEC | 5.1% | 6.1% | 6.1% |
| 16 Dec 2025 | NOV | 6.1% | 4.8% | 3.6% |
| 20 Nov 2025 | OCT | 3.6% | 1.1% | 4.2% |
Por qué importa
Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Japanese yen; strong imports signal domestic demand. China's figures are read as a gauge of world demand.
Cómo se calcula
Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.
Trade balance = exports − importsQué significan los cambios
- Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
- Exchange-rate moves take months to affect trade volumes (the J-curve).
Mayor de lo esperado: A larger surplus (or smaller deficit) than expected tends to support the Japanese yen.
Menor de lo esperado: A smaller surplus (or larger deficit) than expected tends to weigh on the Japanese yen.
Una breve historia
Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.
Preguntas
What is the Japan Exports YoY?
The Japan Exports YoY shows the difference between the value of goods (and sometimes services) that Japan sells abroad and what it buys from abroad, or the growth of exports and imports.
What was the latest Japan Exports YoY?
16.7% for SEP, published on 20 October 2026 (consensus 20.1%, previous 19.3%).
When is the next Japan Exports YoY?
On Tuesday 17 November 2026 at 23:50 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.