In 2022, Japan recorded a deficit in goods and service trade with Australia valued at more than 10 trillion Japanese yen. The Japanese trade balance with Australia remained negative in recent years, as imports exceeded the value of exports for consecutive years. Apart from fossil fuels and nonferrous metals, meats, in particular beef and veal, are major commodities imported to Japan.
Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2022
(in trillion Japanese yen)
Characteristic
Value in trillion Japanese yen
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Ministry of Finance Japan. (May 11, 2023). Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2022 (in trillion Japanese yen) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1221127/japan-trade-balance-australia/
Ministry of Finance Japan. "Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2022 (in trillion Japanese yen)." Chart. May 11, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1221127/japan-trade-balance-australia/
Ministry of Finance Japan. (2023). Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2022 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1221127/japan-trade-balance-australia/
Ministry of Finance Japan. "Balance of Trade (Bot) on Goods and Services in Japan with Australia from 2014 to 2022 (in Trillion Japanese Yen)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/1221127/japan-trade-balance-australia/
Ministry of Finance Japan, Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2022 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1221127/japan-trade-balance-australia/ (last visited July 27, 2024)
Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2022 (in trillion Japanese yen) [Graph], Ministry of Finance Japan, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/1221127/japan-trade-balance-australia/