GDP External Demand measures the quarterly contribution of net exports (exports minus imports) to Japan's total Gross Domestic Product. It indicates how much of the nation's economic growth is driven by foreign trade versus domestic consumption. A positive figure suggests that external trade added to the overall GDP growth for the quarter.
It is calculated by subtracting the total value of imported goods and services from the total value of exported goods and services, adjusted for seasonal variations.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 7, 2026 | 0.50 | 0.50 | 0.00 |
| Aug 16, 2026 | 0.50 | 0.30 | +0.20 |
| Jun 7, 2026 | 0.30 | 0.30 | 0.00 |
| May 18, 2026 | 0.30 | 0.20 | +0.10 |
| Dec 7, 2025 | -0.20 | -0.20 | 0.00 |
| Nov 16, 2025 | -0.20 | 0.20 | -0.40 |
| Sep 7, 2025 | 0.30 | 0.30 | 0.00 |
| Aug 14, 2025 | 0.30 | 0.20 | +0.10 |
| Jun 8, 2025 | -0.80 | -0.80 | 0.00 |
| May 15, 2025 | -0.80 | -0.60 | -0.20 |
| Mar 10, 2025 | 0.70 | 0.70 | 0.00 |
| Feb 16, 2025 | 0.70 | 0.40 | +0.30 |
| Dec 8, 2024 | -0.20 | -0.40 | +0.20 |
| Nov 14, 2024 | -0.40 | 0.10 | -0.50 |
| Sep 8, 2024 | -0.10 | -0.10 | 0.00 |
| Aug 14, 2024 | -0.10 | -0.10 | 0.00 |
| Jun 9, 2024 | -0.40 | -0.30 | -0.10 |
| May 15, 2024 | -0.30 | -0.30 | 0.00 |
| Mar 10, 2024 | 0.20 | 0.20 | 0.00 |
| Feb 14, 2024 | 0.20 | 0.30 | -0.10 |
| Dec 7, 2023 | -0.10 | -0.10 | 0.00 |
| Nov 14, 2023 | -0.10 | -0.10 | 0.00 |
| Sep 7, 2023 | 1.80 | 1.80 | 0.00 |
| Aug 14, 2023 | 1.80 | 0.90 | +0.90 |
| Jun 7, 2023 | -0.30 | -0.30 | 0.00 |
| May 16, 2023 | -0.30 | -0.20 | -0.10 |
| Mar 8, 2023 | 0.40 | 0.30 | +0.10 |
| Feb 13, 2023 | 0.30 | 0.40 | -0.10 |
| Dec 7, 2022 | -0.60 | -0.70 | +0.10 |
| Nov 14, 2022 | -0.70 | -0.20 | -0.50 |
| Sep 7, 2022 | 0.10 | — | — |
| Jun 7, 2022 | -0.40 | -0.40 | 0.00 |
| May 17, 2022 | -0.40 | -0.30 | -0.10 |
| Mar 8, 2022 | 0.20 | 0.20 | 0.00 |
| Feb 14, 2022 | 0.20 | 0.30 | -0.10 |
| Nov 14, 2021 | 0.10 | -0.10 | +0.20 |
| Sep 7, 2021 | -0.30 | -0.30 | 0.00 |
