Overview: In May 2020 Japan exported ¥4.19T and imported ¥5.02T, resulting in a negative trade balance of ¥838B. Between May 2019 and May 2020 the exports of Japan have decreased by ¥-1.65T (-28.3%) from ¥5.84T to ¥4.19T, while imports decreased by ¥-1.78T (-26.2%) from ¥6.8T to ¥5.02T.
Trade: In May 2020 the top exports of Japan were Commodities not elsewhere specified (¥292B), Cars (¥274B), Integrated Circuits (¥232B), Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays (¥182B), and Vehicle Parts (¥114B). In May 2020 the top imports of Japan were Petroleum Gas (¥271B), Computers (¥191B), Telephones (¥176B), Integrated Circuits (¥166B), and Packaged Medicaments (¥159B).
Origins: In May 2020 the exports of Japan were mainly from Chiba (¥753B), Aichi (¥676B), Osaka (¥641B), Kanagawa (¥404B), and Tokyo (¥374B), while imports destinations were mainly Chiba (¥1.13T), Tokyo (¥948B), Osaka (¥707B), Aichi (¥446B), and Kanagawa (¥443B).
Destinations: In May 2020 Japan exported mostly to China (¥1.13T), United States (¥588B), Taiwan (¥359B), South Korea (¥329B), and Hong Kong (¥254B), and imported mostly from China (¥1.51T), United States (¥578B), Australia (¥285B), Taiwan (¥237B), and South Korea (¥201B).
Growth: In May 2020, the decrease in Japan's year-by-year exports was explained primarily by a decrease in exports to United States (¥-602B or -50.6%), Thailand (¥-84.7B or -32.9%), and Australia (¥-77.2B or -59.1%), and product exports decrease in Cars (¥-519B or -65.4%), Vehicle Parts (¥-155B or -57.6%), and Refined Petroleum (¥-88.2B or -76.9%). In May 2020, the decrease in Japan's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates (¥-224B or -80.6%), United States (¥-219B or -27.5%), and Saudi Arabia (¥-192B or -72.5%), and product imports decrease in Crude Petroleum (¥-596B or -78.9%), Planes, Helicopters, and/or Spacecraft (¥-84.1B or -81.9%), and Petroleum Gas (¥-81.5B or -23.1%).