Overview In December 2023 Japan's Commodities not elsewhere specified exports accounted up to ¥759B and imports accounted up to ¥177B, resulting in a positive trade balance of ¥582B. Between December 2022 and December 2023 the exports of Japan's Commodities not elsewhere specified have increased by ¥60.4B (8.65%) from ¥699B to ¥759B, while imports decreased by ¥-4.19B (-2.31%) from ¥181B to ¥177B.
Destinations In December 2023, Commodities not elsewhere specified were exported mostly to United States (¥122B), China (¥103B), Hong Kong (¥91.9B), United Arab Emirates (¥58.4B), and South Korea (¥56.5B), and were imported mostly from China (¥27.6B), Taiwan (¥26.9B), South Korea (¥26.5B), Hong Kong (¥20.8B), and Malaysia (¥15.1B).
Growth In December 2023, 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 December 2023, the decrease in Commodities not elsewhere specified's year-by-year imports was explained primarily by a decrease in imports from Malaysia (¥-7.94B or -56.4%), Singapore (¥-6.06B or -46%), and Philippines (¥-1.99B or -34.9%).