Japan Imports

Imports to Japan decreased by 13.8 percent from a year earlier to 5,953.22 JPY billion in May of 2016, the 17th straight month of decline. Purchases fell from most of the country’s trading partners, including China (-9.7 percent), Hong Kong (-16.2 percent), Taiwan (-5.8 percent), South Korea (-21.4 percent), Thailand (-10.4 percent) and Malaysia (-20.0 percent). Imports also declined from the US (-8.5 percent), Russia (-26.0 percent), the EU countries (-1.5 percent), the Middle East (-30.7 percent) and South Africa (-28.4 percent). In contrast, imports rose from Germany (+11.1 percent, Italy (+11.3 percent) and Belgium (+37.4 percent). Purchases decreased for most categories: mineral fuels (-33.5 percent), foodstuff (-8.9 percent), raw materials (-18.9 percent), chemicals (-6.3 percent), manufactured goods (-13.5 percent), machinery (-6.7 percent), electrical machinery (-9.1 percent) and others (-3.8 percent). In contrast, purchases rose 3.0 percent for transport equipment. Imports in Japan averaged 2823.44 JPY Billion from 1963 until 2016, 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. Imports in Japan is reported by the Ministry of Finance Japan. 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.