Japan: Import Value: MoM

Macro

2026-07-22

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

Japan's latest import value month-over-month growth rate for Q2 2026 surged dramatically to 14.61%, showing explosive growth compared to the previous value of -3.10%. Driven by the continuous depreciation of the yen and alternative crude oil procurement triggered by the situation in the Middle East, the import growth rate far exceeded market expectations and caused the monthly trade balance to shift significantly into a deficit. Looking ahead, imported inflation and massive import costs will not only squeeze corporate profits but also influence the Bank of Japan's pace in adjusting monetary policy.

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AI Data Insight

Japan's latest import value month-over-month growth rate for Q2 2026 surged dramatically to 14.61%, showing explosive growth compared to the previous value of -3.10%. Driven by the continuous depreciation of the yen and alternative crude oil procurement triggered by the situation in the Middle East, the import growth rate far exceeded market expectations and caused the monthly trade balance to shift significantly into a deficit. Looking ahead, imported inflation and massive import costs will not only squeeze corporate profits but also influence the Bank of Japan's pace in adjusting monetary policy.

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Macro
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