Japan - Exports of Goods

Japan: Exports of Goods

Mnemonic	TREG.IJPN
Unit	Mil. JPY, SA
Adjustments	Seasonally Adjusted
	Monthly	4.4 %
Data	Feb 2023	8,146,321
	Jan 2023	7,803,175

Series Information

Source	Customs and Tariff Bureau
Release	Trade Statistics of Japan
Frequency	Monthly
Start Date	7/31/1995
End Date	2/28/2023

Japan: Trade

	Reference	Last	Previous	Units	Frequency
Balance of Goods	Feb 2023	-1,190,669	-1,823,287	Mil. JPY, SA	Monthly
Exports of Goods	Feb 2023	8,146,321	7,803,175	Mil. JPY, SA	Monthly
Imports of Goods	Feb 2023	9,336,990	9,626,462	Mil. JPY, NSA	Monthly
Current Account Balance	Jan 2023	2,163	11,838	100 Mil. JPY, SA	Monthly
Exports of Goods and Services	2022 Q4	127,054	124,890	Bil. JPY, SAAR	Quarterly
Imports of Goods and Services	2022 Q4	151,678	153,607	Bil. JPY, SAAR	Quarterly
Net Exports	2022 Q4	-24,624	-28,717	Bil. JPY, SAAR	Quarterly
Real Exports of Goods and Services	2022 Q4	110,612	109,024	Bil. Ch. 2015 JPY, SAAR	Quarterly
Real Imports of Goods and Services	2022 Q4	112,420	112,870	Bil. Ch. 2015 JPY, SAAR	Quarterly
Real Net Exports	2022 Q4	-1,808	-3,845	Bil. Ch. 2015 JPY, SAAR	Quarterly

Release Information

Description

The Foreign Trade Indexes for Japan measure the value and volume of exports and imports traded with the U.S., EU, Asia, and the rest of the world. The data are released in conjunction with Foreign Trade statistics. Monthly from 1998.

Properties

Active:

Commodity classification: HS derivative
Valuations: Exports at FOB, imports at CIF
Measurements:
- Millions of Japanese yen (Mil. JPY)
- Volume index relative to 2015 (Vol. Index 2015=100)
- Value index (Index 2015=100)
Adjustments:
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Monthly
Start dates:
- Levels, finalized - As early as 1979m1
- Levels, provisional - Uniformly 2000m1
- Indexes - 1995m7
- Indexes by geo - 2017m8

Predecessors:

2010=100 - 2012 to 2018
2005=100 - 2007 to 2013
2000=100 - 1998 to 2008

Methodology

Authority: The Trade Statistics of Japan are made and published by the Ministry of Finance and the Customs under the provision of the Customs Law and the relevant international conventions. The method is described in the Order of Director General of the Customs and Tariff Bureau.

Source: Declarations submitted to Customs.

Exports: Entry is made in the month within which falls the date when a ship or aircraft loading the goods concerned leaves a Japanese port. Valued at FOB.

Imports: Entry is made in the month within which falls the date of the import permit. Valued at CIF.

Geographic aggregates

The aggregate "EU" refers to the changing-composition European Union. That is, the index at time T refers to the N members at time T. (Direct communication with source.)

1979~1980: 9
1981~1985: 10
1986~1994: 12
1995~2003: 15
2004~2006: 25
2007~2012: 27 excl. Croatia
2013~2020m1: 28
2020m2~present: 27 excl. U.K. (i.e., post-Brexit)

The aggregate "Asia" includes China.

Provisional data

In addition to final monthly results, the source reports two sets of provisional results, which count only the first 10 and 20 days of each month. These time series have 21 fewer years of data.

Moody's Analytics supplements

We compute trade balance as the identity "exports less imports." This is reported by the source, but it is more convenient for us to reconsistute it.

Revisions

Data are subject to three revisions - provisional first 10 days, provisional first 20 days, detailed and fixed.

Trade indexes are rebased every five years. Data Buffet carries four vintages: 2000, 2005, 2010 and 2015.