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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Trade (% of GDP) climbed to 44.85 Percent in December 2024
World BankYearlyReleased December 2024
Japan Trade (% of GDP) climbed to 44.85 Percent in December 2024, up 1.26 Percent from November's 43.6 Percent reading.
Latest Release
44.852939
Actual
—
Consensus
43.595083
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/JPY | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| Nikkei 225 | ▲ Direct | +0.45 | INDEX | Moves with | → View |
| GBP/JPY | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Trade (% of GDP) (Japan) was reported at 44.85 Percent in December 2024. The reading rose from the previous value of 43.60 Percent. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged 45.09 Percent, up from the prior three at 34.43 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY). A secondary relationship exists with EUR/JPY, negatively correlated (Bullish JPY).
Auto-generated from current model state · Refreshes on each release · Last update December 2024.
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Trade (% of GDP) - JP
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About Trade (% of GDP) — Japan
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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