Balance of Payments Statistics Balance of Payments Statistics are statistics that systematically record Japan’s economic transactions with the rest of the world during a certain period (flow data) are compiled by the Bank of Japan under delegation from the Minister of Finance. Japan's BOP statistics are compiled in accordance with the Balance of Payments and International Investment Position Manual published by the International Monetary Fund (IMF). Major components are consisting of "Goods", "Services", "Primary income" and "Secondary income", "Capital account" and "Financial account". Current account The current account is the sum of "Goods", "Services", "Primary income" and "Secondary This chapter covers exports and imports, the balance of payments, and international cooperation. The section on exports and imports contains statistics on the value of exports and imports; and indices of foreign trade. The section on balance of payments contains statistics on balance of payments, foreign investment in Japan and Japan's investment overseas, the international investment position of Japan, foreign exchange rates, and gold and foreign exchange reserves. The section on international cooperation contains statistics on economic cooperation. Foreign Trade Statistics These trade statistics are made for the purpose of contributing to the economic policy of a country and public institutions, and for documenting the economic activities of private enterprises by the Ministry of Finance and Customs in Japan by grasping the conditions of trade, and facilitating comparison with the foreign trade of other countries. The statistics are compiled monthly based on export, transshipment, and import declarations; warehousing approval applications; and transfer approval applications submitted to customs offices for exports from Japan to foreign countries and imports from foreign countries to Japan, in accordance with the provisions of the Customs Act. These statistics are counted in principle, for exports, as of the day when the ship or aircraft carrying goods departed from a port, and for imports, as of the day when the import was licensed or approved. Export prices are based on f.o.b., and import prices on c.i.f. Names of countries refer to the countries (places) of destination for exports, and the countries (places) of origin of imported goods. If these are unknown, loading countries (places) of imported goods are shown. Conversion into Japanese yen is based on the foreign exchange rates published weekly by the superintendent of customs (weekly average of effective market rates two weeks before the week to which the declaration day of export or import belongs). income", and shows all transactions with movements of credits/debts between residents and nonresidents. the outcome of production activities. nonresidents. Index of Foreign Trade The figures show the value, price, and volume of imports and exports at a given point in time, where the value, price and volume of imports and exports in the base year are each set at 100. The present indices adopt 2015 as their base period. The amount indices are calculating the change in the amount of export and import by dividing the amount of export and import in comparison time by the amount of exports and imports in the base year. Unit value indices are computed by the Fisher-type formula, and the quantum indices are obtained by dividing the value indices by the unit value indices. As regards the export and import price indices, see "20 Prices." Goods and services This category is the sum of "Goods" and "Services" and shows transactions in items that are Goods This category shows exports and imports of goods, that is, transactions of goods between residents and Services This category shows transactions in "Transport", "Travel" and "Other services". 6 Foreign Trade, Balance of Payments and International Cooperation 1696 Foreign Trade, Balance of Payments and International Cooperation
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