Ministry of Finance: July saw a trade deficit for the third consecutive month, exports up 23.2%, imports up 27.8%.

August 20, 2026 / Surveys and Statistics

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According to preliminary trade statistics for April released by the Ministry of Finance on May 20, exports totaled 10,507.3 billion yen (up 23.2% year-on-year), marking the eighth consecutive month of increase, while imports totaled 10,205.4 billion yen (up 27.8%), marking the third consecutive month of increase.

The trade deficit between exports and imports was 6345 billion yen, marking the third consecutive month of losses.

<Export and import figures and year-on-year comparison for July>

Output 輸入
Amount of money 11 billion yen 12 billion yen
Year-on-year  +23.2%   +27.8%
20260820boueki - Ministry of Finance / July saw a trade deficit for the third consecutive month, exports up 23.2%, imports up 27.8%

Table showing the trends in export and import values ​​compared to the same month of the previous year.

The items that saw an increase in exports were automobiles (up 19.5%), semiconductors and other electronic components (up 49.1%), and semiconductor manufacturing equipment (up 40.9%).

The items that saw an increase in imports were crude oil (up 87.8%), semiconductors and other electronic components (up 79.7%), and non-ferrous metals (up 67.7%).

Ministry of Finance: July saw a trade deficit for the third consecutive month, exports up 19.3%, imports up 25.4%.

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