As a result of global trade tensions, imports into Japan fell by 5% in 2019 compared to the previous year's record high. Mineral fuels (22% of total imports), with petroleum accounting for 10% and LNG accounting for 6%; electrical machinery (15%) on the back of telephony, telegraphy, and semiconductors; chemicals (10%) on the back of medical products and organic chemicals; machinery (10%) in particular computers and units; and food products (9%) such as meat and meat preparations; manufactured products (9%) on non-ferrous metals; and raw materials (6%) mainly ore of non-ferrous and iron ore and concentrates. In terms of import partners, Japan's most important partners were China (23% of total imports), the EU (12%), with Germany in particular (3%), the United States (11%), Australia (6%), South Korea (4%) Saudi Arabia (4%), Taiwan (4%) the United Arab Emirates (4%), and Thailand (4%).
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Source:
Ministry of Finance, Japan
Category:
Imports
Units:
Percent
Details
Impact
Low
Country
Currency
JPY
Latest Release
Previous
28.5%
Consensus
40%
Actual
44.7%
Next Release
Date
Oct 18, 20:50
Time left
27 days
Forex Sentiment (JPY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDJPY |
|
|
107.5263 -204 pips |
109.8957 -33 pips |
109.564 | |
| GBPJPY |
|
|
146.9534 -271 pips |
150.7727 -111 pips |
149.667 | |
| EURJPY |
|
|
125.8376 -263 pips |
129.2379 -77 pips |
128.47 | |
| AUDJPY |
|
|
76.4536 -306 pips |
80.6981 -119 pips |
79.511 | |
| CADJPY |
|
|
84.0602 -153 pips |
86.6241 -103 pips |
85.591 | |
| NZDJPY |
|
|
75.5956 -124 pips |
77.6309 -80 pips |
76.835 | |
| CHFJPY |
|
|
116.3465 -172 pips |
118.8217 -76 pips |
118.064 | |
| SGDJPY |
|
|
80.2730 -78 pips |
81.5258 -48 pips |
81.05 | |
| NOKJPY |
|
|
12.6255 +6 pips |
0 +1256 pips |
12.561 | |
| ZARJPY |
|
|
7.6975 +31 pips |
7.9836 -60 pips |
7.387 |
