Balance of trade · Japan

Japan Balance of Trade

The Japan Balance of Trade 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.

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
JPY · Japanese yen
Banque centrale
The Bank of Japan
Influence
AUDJPY · CADJPY · CHFJPY · EURJPY · GBPJPY · NZDJPY · SGDJPY · USDJPY

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-20 et s’est établie à ¥-536.6B.

PubliéPourRéelConsensusPrécédent
20 Oct 2026SEP¥-536.6B¥-181B¥-1111.9B ®
15 Sep 2026AUG¥-1105.6B¥-1052.6B¥-638.3B ®
19 Aug 2026JUL¥-634.5B¥-680B¥-409.9B ®
21 Jul 2026JUN¥-406.9B¥-120B¥-391.8B ®
16 Jun 2026MAY¥-378.7B¥-564.6B¥299.3B ®
20 May 2026APR¥301.9B¥-29.7B¥643B ®
21 Apr 2026MAR¥667B¥1106B¥44.3B ®
17 Mar 2026FEB¥57.3B¥-483.2B¥-1163.5B ®
17 Feb 2026JAN¥-1152.7B¥-2142.1B¥113.5B ®
21 Jan 2026DEC¥105.7B¥357B¥316.7B
16 Dec 2025NOV¥322.2B¥71.2B¥-226.1B ®
20 Nov 2025OCT¥-231.8B¥-280B¥-234.6B

Voir dans le calendrier économique →

Pourquoi c’est important

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.

Mode de calcul

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 − imports

Ce que signifient les variations

  • 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).

Supérieur aux attentes : A larger surplus (or smaller deficit) than expected tends to support the Japanese yen.

Inférieur aux attentes : A smaller surplus (or larger deficit) than expected tends to weigh on the Japanese yen.

Un bref historique

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.

Questions

What is the Japan Balance of Trade?

The Japan Balance of Trade 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 Balance of Trade?

¥-536.6B for SEP, published on 20 October 2026 (consensus ¥-181B, previous ¥-1111.9B).

When is the next Japan Balance of Trade?

On Tuesday 17 November 2026 at 23:50 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.