National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Japan
JPNEXPORTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,375,950,000,000.00
Year-over-Year Change
59.08%
Date Range
1/1/1994 - 7/1/2023
Summary
This economic trend measures the current price value of Japan's exports of goods and services. It is a key indicator of Japan's trade and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Exports of Goods and Services for Japan metric represents the monetary value of all goods and services exported from Japan to other countries. It is a major component of Japan's gross domestic product (GDP) and provides insight into the nation's trade balance and international competitiveness.
Methodology
The data is collected and calculated by Japan's Cabinet Office based on national accounts.
Historical Context
This trend is closely watched by policymakers, economists, and investors to assess Japan's economic health and trade dynamics.
Key Facts
- Japan is the world's 4th largest exporter of goods and services.
- Exports account for over 18% of Japan's GDP.
- Japan's top export markets are China, United States, and South Korea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total current price value of all goods and services exported from Japan to other countries.
Q: Why is this trend relevant for users or analysts?
A: Exports are a crucial component of Japan's economic activity, so this metric provides insight into the nation's trade performance and international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Cabinet Office as part of the country's national accounts.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors monitor this trend to assess Japan's trade balance, economic growth, and the impacts of exchange rates and trade policies.
Q: Are there update delays or limitations?
A: This data is typically published on a quarterly basis with a short delay, providing timely information on Japan's export performance.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Japan (JPNEXPORTQDSMEI), retrieved from FRED.