Table 14: Japan's Dollar-Based Trade
with the United States, 1995-1999

(in millions of dollars, customs clearance basis, seasonally unadjusted)

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Exports (f.o.b.)

Change Over Year-Earlier Period

Imports (c.i.f.)

Change Over Year-Earlier Period

Trade Balance

1995

$120,859

2.8%

$75,408

20.3%

$45,451

1996

112,046

-7.3

79,438

5.3

32,608

1997

117,108

4.5

75,620

-4.8

41,488

1998

118,173

0.9

67,055

-11.3

51,118

1999

128,218

8.5

67,066

0.0

61,152

1998

January

9,888

10.5

6,040

-6.0

3,848

February

9,687

4.6

5,424

-9.0

4,263

March

10,331

0.5

6,898

-4.2

3,433

April*

10,013

2.3

5,575

-9.7

4,438

May

8,835

-4.9

5,470

-16.8

3,365

June

9,583

-3.0

5,640

-14.6

3,943

July

10,301

-0.6

5,556

-17.4

4,745

August

8,387

-6.0

5,415

-10.9

2,972

September

10,580

2.4

5,154

-14.8

5,426

October

11,641

7.8

5,720

-9.0

5,921

November

9,183

-4.1

5,205

-8.9

3,978

December

9,995

3.4

4,926

-16.7

5,069

1999

January

9,782

-1.1

5,479

-9.3

4,303

February

9,697

0.1

6,148

13.3

3,549

March

10,678

3.4

6,115

-11.4

4,563

April

10,563

5.5

5,767

3.4

4,796

May

9,112

3.1

4,866

-11.0

4,246

June

10,534

9.9

5,133

-9.0

5,401

July

11,004

6.8

4,994

-10.1

6,010

August

10,250

22.2

5,550

2.5

4,700

September

12,266

15.9

5,200

0.9

7,066

October

11,656

0.1

5,812

1.6

5,844

November

11,264

22.7

6,072

16.7

5,192

December

11,861

18.7

6,072

23.3

5,789

Notes:

  1. The Ministry of Finance ceased releasing customs-clearance trade data in dollars after March 1996. Beginning with April 1996, the yen figures are converted into dollars using the average annual rate on the Tokyo foreign exchange market.
  2. The monthly data for 1998 and 1999 do not add up to the totals for those years because monthly exchange rates were used to convert the figures.

Source: Ministry of Finance

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