Overview In January 2023 Japan exported ¥6.55T and imported ¥10T, resulting in a negative trade balance of ¥3.5T. Between January 2022 and January 2023 the exports of Japan have increased by ¥220B (3.48%) from ¥6.33T to ¥6.55T, while imports increased by ¥1.5T (17.5%) from ¥8.55T to ¥10T.
Trade In January 2023, the top exports of Japan were Cars (¥778B), Commodities not elsewhere specified (¥525B), Integrated Circuits (¥323B), Machines and apparatus of a kind... (¥228B), and Motor vehicles; parts and accessories (8701... (¥223B). In January 2023 the top imports of Japan were Crude Petroleum (¥1.01T), Petroleum Gas (¥964B), Coal Briquettes (¥756B), Telephones (¥456B), and Integrated Circuits (¥314B).
Origins In January 2023 the exports of Japan were mainly from Aichi (¥1.13T), Chiba (¥1.11T), Osaka (¥813B), Kanagawa (¥643B), and Tokyo (¥546B), while imports destinations were mainly Chiba (¥2.31T), Tokyo (¥1.37T), Osaka (¥1.11T), Kanagawa (¥892B), and Aichi (¥869B).
Destinations In January 2023, Japan exported mostly to United States (¥1.23T), China (¥968B), South Korea (¥513B), Taiwan (¥420B), and Thailand (¥302B), and imported mostly from China (¥2.39T), Australia (¥1.03T), United States (¥950B), United Arab Emirates (¥454B), and Saudi Arabia (¥446B).
Growth In January 2023, the increase in Japan's year-by-year exports was explained primarily by an increase in exports to United States (¥114B or 11.4%), South Korea (¥78.2B or 18.2%), and Australia (¥47.3B or 39.7%), and product exports increase in Commodities not elsewhere specified (¥105B or 27.9%), Refined Petroleum (¥72.8B or 126%), and Integrated Circuits (¥59.4B or 23.6%). In January 2023, the increase in Japan's year-by-year imports was explained primarily by an increase in imports from China (¥410B or 23.8%), Australia (¥365B or 98.8%), and United States (¥197B or 33.7%), and product imports increase in Crude Petroleum (¥342B or 84.9%), Coal Briquettes (¥251B or 171%), and Petroleum Gas (¥211B or 49.4%).