Japan: Import Value: MoM

Macro

2026-09-16

Description

The Japan Import Value: Month-over-Month (MoM) Change is released by the Ministry of Finance (MOF). This indicator measures the percentage change in the total value of goods imported by Japan compared to the previous month. It is used to gauge domestic demand for foreign goods and services, providing insights into economic activity and consumer spending. Higher-than-expected growth can indicate robust domestic demand, while lower-than-expected growth or a decline might suggest weakening demand.

The data is updated monthly and is typically released around the middle of the following month.

Published by
Ministry of Finance of Japan (Choice)
Frequency
Monthly
Next Update
Hashtags
Import Japan

AI Data Insight

In July 2026 (Q3 2026), the month-over-month (MoM) growth rate of Japan's import value turned from positive to negative, dropping to -8.18%, representing a significant cooling compared to the previous month's 7.14%. Although a weak Japanese yen and soaring freight rates pushed the year-over-year (YoY) growth rate above market consensus, the real MoM procurement momentum has shown signs of fatigue under price pressures.

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AI Data Insight

In July 2026 (Q3 2026), the month-over-month (MoM) growth rate of Japan's import value turned from positive to negative, dropping to -8.18%, representing a significant cooling compared to the previous month's 7.14%. Although a weak Japanese yen and soaring freight rates pushed the year-over-year (YoY) growth rate above market consensus, the real MoM procurement momentum has shown signs of fatigue under price pressures.

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Description

The Japan Import Value: Month-over-Month (MoM) Change is released by the Ministry of Finance (MOF). This indicator measures the percentage change in the total value of goods imported by Japan compared to the previous month. It is used to gauge domestic demand for foreign goods and services, providing insights into economic activity and consumer spending. Higher-than-expected growth can indicate robust domestic demand, while lower-than-expected growth or a decline might suggest weakening demand.

The data is updated monthly and is typically released around the middle of the following month.

Published by
Ministry of Finance of Japan (Choice)
Frequency
Monthly
Next Update
Hashtags
Import Japan