Overview: In May 2021 Japan exported ¥6.26T and imported ¥6.45T, resulting in a negative trade balance of ¥189B. Between May 2020 and May 2021 the exports of Japan have increased by ¥2.07T (49.6%) from ¥4.19T to ¥6.26T, while imports increased by ¥1.42T (28.3%) from ¥5.03T to ¥6.45T.
Trade: In May 2021, the top exports of Japan were Cars (¥654B), Commodities not elsewhere specified (¥443B), Vehicle Parts (¥275B), Integrated Circuits (¥253B), and Machines and apparatus of a kind... (¥226B). In May 2021 the top imports of Japan were Crude Petroleum (¥431B), Petroleum Gas (¥282B), Blood, antisera, vaccines, toxins and cultures (¥230B), Telephones (¥224B), and Integrated Circuits (¥202B).
Origins: In May 2021 the exports of Japan were mainly from Aichi (¥1.2T), Chiba (¥1.08T), Osaka (¥879B), Kanagawa (¥638B), and Tokyo (¥533B), while imports destinations were mainly Chiba (¥1.57T), Tokyo (¥1.01T), Osaka (¥794B), Aichi (¥587B), and Kanagawa (¥563B).
Destinations: In May 2021, Japan exported mostly to China (¥1.39T), United States (¥1.1T), Taiwan (¥452B), South Korea (¥390B), and Hong Kong (¥302B), and imported mostly from China (¥1.58T), United States (¥744B), Australia (¥402B), South Korea (¥271B), and Taiwan (¥271B).
Growth: In May 2021, the increase in Japan's year-by-year exports was explained primarily by an increase in exports to United States (¥517B or 87.9%), China (¥266B or 23.6%), and Thailand (¥95.4B or 55.2%), and product exports increase in Cars (¥379B or 138%), Vehicle Parts (¥161B or 141%), and Commodities not elsewhere specified (¥151B or 51.6%). In May 2021, the increase in Japan's year-by-year imports was explained primarily by an increase in imports from United States (¥165B or 28.6%), United Arab Emirates (¥163B or 304%), and Australia (¥117B or 41.2%), and product imports increase in Crude Petroleum (¥271B or 171%), Blood, antisera, vaccines, toxins and cultures (¥158B or 217%), and Refined Petroleum (¥97.7B or 169%).