In 2023, Japan recorded a deficit in goods and service trade with Australia valued at more than seven 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 2023
(in trillion Japanese yen)
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Ministry of Finance Japan. (May 10, 2024). Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2023 (in trillion Japanese yen) [Graph]. In Statista. Retrieved October 31, 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 2023 (in trillion Japanese yen)." Chart. May 10, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1221127/japan-trade-balance-australia/
Ministry of Finance Japan. (2024). Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2023 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: October 31, 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 2023 (in Trillion Japanese Yen)." Statista, Statista Inc., 10 May 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 2023 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1221127/japan-trade-balance-australia/ (last visited October 31, 2024)
Balance of trade (BOT) on goods and services in Japan with Australia from 2014 to 2023 (in trillion Japanese yen) [Graph], Ministry of Finance Japan, May 10, 2024. [Online]. Available: https://www.statista.com/statistics/1221127/japan-trade-balance-australia/