Overview In January 2024 Japan's Commodities not elsewhere specified exports accounted up to ¥618B and imports accounted up to ¥149B, resulting in a positive trade balance of ¥469B. Between January 2023 and January 2024 the exports of Japan's Commodities not elsewhere specified have increased by ¥92.9B (17.7%) from ¥525B to ¥618B, while imports increased by ¥4.95B (3.43%) from ¥144B to ¥149B.
Destinations In January 2024, Commodities not elsewhere specified were exported mostly to Hong Kong (¥84.6B), United States (¥82.2B), China (¥81.5B), United Arab Emirates (¥51.4B), and South Korea (¥49.8B), and were imported mostly from China (¥25.7B), South Korea (¥24.5B), Taiwan (¥23.9B), United States (¥14B), and Malaysia (¥13.8B).
Growth In January 2024, the increase in Commodities not elsewhere specified's year-by-year exports was explained primarily by an increase in exports to United States (¥15.5B or 26.5%), United Arab Emirates (¥12.5B or 69.4%), and United Kingdom (¥11.6B or 76.8%). In January 2024, the increase in Commodities not elsewhere specified's year-by-year imports was explained primarily by an increase in imports from South Korea (¥11.3B or 116%), United States (¥5.36B or 37.6%), and Panama (¥3.75B or 873%).