Research and analysis

Japan economy - fourth consecutive trade deficit

Report from the Embassy in Tokyo on Japan's continuing trade deficit.

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This publication was archived on 4 July 2016

This article is no longer current. Please refer to Overseas Business Risk – Japan



For the fourth consecutive year, Japan’s visible trade deficit hits another record high. The good news is that recent data suggests the trend has shifted due to a sharp drop in oil prices. The Government estimates that current oil prices, if sustained, could raise Japan’s GDP by more than 1%.

Published 30 January 2015