JN Trade Balance
Track the JN Trade Balance to gauge export demand's impact on currency and domestic production values.
Overview
The demand for exports is closely tied to the demand for currency, as foreign buyers must purchase the local currency to pay for a country's exports. Additionally, export demand influences production levels and pricing among domestic manufacturers. The data presented is seasonally adjusted (as is standard for most forex figures) and should not be mistaken for the non-seasonally adjusted figures sometimes reported by media outlets. A positive result indicates that exports exceeded imports.
Key Information
What it Measures
This metric reflects the difference in value between goods imported and exported in the specified month.
Usual Effect
When the 'Actual' figure surpasses the 'Forecast,' it typically favors the currency.
Source & Frequency
Ministry of Finance (latest release) - https://www.mof.go.jp/english/index.htm • This report is issued monthly, approximately 20 days after the conclusion of the month.
How Data is Derived
N/A
Also Known As
Adjusted Merchandise Trade Balance
Acronym
N/A