Share of Merchandise Imports at Current Purchasing Power Parities for Japan
CSHMCPJPA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.19
Year-over-Year Change
19.12%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Japan's share of global merchandise imports adjusted for purchasing power differences. It provides insights into Japan's trade competitiveness and role in the global economy.
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 share of merchandise imports at current purchasing power parities (PPPs) for Japan tracks the country's imports of goods relative to the world total, with exchange rates converted to a common price level. This metric offers perspectives on Japan's trade position and integration in international markets.
Methodology
The data is calculated by the OECD using national accounts statistics and PPP estimates.
Historical Context
Policymakers and analysts use this trend to evaluate Japan's trade performance and economic standing compared to other major economies.
Key Facts
- Japan accounts for around 4-5% of global merchandise imports.
- Import share has declined from over 7% in the 1990s.
- Japan's import share is influenced by exchange rates and relative prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures Japan's share of global merchandise imports, adjusting for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The import share trend provides insights into Japan's trade competitiveness and integration in the global economy, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The OECD calculates this metric using national accounts statistics and purchasing power parity estimates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Japan's trade performance and economic standing compared to other major economies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions by the OECD.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Japan (CSHMCPJPA156NRUG), retrieved from FRED.