International Merchandise Trade Statistics: Imports: Commodities for Japan
XTIMVA01JPQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.55
Year-over-Year Change
-85.24%
Date Range
1/1/1958 - 1/1/2025
Summary
The International Merchandise Trade Statistics: Imports: Commodities for Japan tracks the value of Japan's merchandise imports across various commodity categories. This important economic indicator provides insights into Japan's trade flows and global economic integration.
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
This data series measures the total value of commodities imported into Japan on a monthly basis. It offers a detailed breakdown of Japan's import patterns, which is crucial for analyzing the nation's trade balance, competitiveness, and economic relationships with trading partners.
Methodology
The data is collected and reported by the Japanese government's Ministry of Finance.
Historical Context
Policymakers and analysts closely monitor this trend to assess Japan's economic performance and formulate effective trade and industrial policies.
Key Facts
- Japan is the world's third-largest economy.
- Imports account for over 30% of Japan's GDP.
- China is Japan's largest import source.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of commodities imported into Japan on a monthly basis, providing a detailed breakdown of Japan's import patterns across various product categories.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for analyzing Japan's trade balance, competitiveness, and economic relationships with trading partners, which is essential for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Japanese government's Ministry of Finance.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess Japan's economic performance and formulate effective trade and industrial policies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with occasional delays in publication.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Japan (XTIMVA01JPQ659S), retrieved from FRED.