International Trade: Imports: Value (Goods): Total for Japan
XTIMVA01JPQ188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.29
Year-over-Year Change
55.64%
Date Range
1/1/1994 - 7/1/2023
Summary
This economic indicator measures the total value of goods imported into Japan. It provides insights into Japan's international trade and economic activity.
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 International Trade: Imports: Value (Goods): Total for Japan measures the dollar value of all merchandise imported into Japan. This metric is a key indicator of Japan's economic performance, trade balance, and engagement with the global economy.
Methodology
The data is collected and reported by the Japanese government based on customs records and declarations.
Historical Context
Policymakers and analysts use this import data to assess Japan's economic health, trade relationships, and competitiveness.
Key Facts
- Japan is the world's third-largest economy.
- Imports account for around 18% of Japan's GDP.
- Top imported goods include machinery, fuel, food, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total dollar value of all goods imported into Japan. It provides insights into Japan's international trade and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This import data is a key indicator of Japan's economic performance, trade balance, and engagement with the global economy. It is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Japanese government based on customs records and declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this import data to assess Japan's economic health, trade relationships, and competitiveness. It informs decisions around trade, economic, and monetary policies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay. There may also be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, International Trade: Imports: Value (Goods): Total for Japan (XTIMVA01JPQ188S), retrieved from FRED.