Imports to Japan jumped 15.8 percent from a year earlier to JPY 6,614.4 billion in March of 2017, following a 1.2 percent growth in the prior month and faster than consensus of a 10.4 percent growth. It was the biggest gain in more than three years, as purchases rose for all components: foodstuff (12.6 percent), raw materials (15.3 percent), mineral fuels (36.3 percent), chemicals (13.8 percent), manufactured goods (12.9 percent), machinery (6.1 percent), electrical machinery (10.6 percent), transport equipment (9.5 percent) and others (9.2 percent). Imports in Japan averaged 2868.02 JPY Billion from 1963 until 2017, reaching an all time high of 8047.03 JPY Billion in January of 2014 and a record low of 162.06 JPY Billion in January of 1963. Japan main imports are: mineral fuels (23 percent of total imports) with petroleum accounting for 10 percent, electrical machinery (15 percent), machinery (9 percent), food (9 percent), manufactured goods (9 percent), chemicals (8 percent) and raw materials (6 percent). Japan’s main import partners are China (25 percent), the United States (10 percent), Australia (5.4 percent), South Korea (4 percent), Saudi Arabia (3.9 percent), United Arab Emirates (3.6 percent) and Qatar (3.6 percent). This page provides the latest reported value for – Japan Imports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Latest posts by JPY Editor (see all)
- USD/JPY at a Measured Level (108.43) but No Sign of a Pause - April 30, 2017
- USD/JPY analysis: eyeing Fed’s decision for direction - April 30, 2017
- USD/JPY Bullish Wolfe Wave Structure - April 30, 2017