Current account surplus in the black for fourth straight month

Jul 8, 2014

Current account surplus in the black for fourth straight month

The nation’s current account balance was in the black for the fourth straight month in May, standing at ¥522.8 billion, as imports slid for the first time in 19 months after the April 1 consumption tax hike cooled domestic demand, the government said Tuesday. ...

Export of 'wagyu' beef to EU gets underway

Jun 24, 2014

Export of 'wagyu' beef to EU gets underway

Japanese farmers have exported their first shipment of “wagyu” beef to the European Union after an import ban on beef produced in the country was lifted. Wagyu are among the most desired breeds because of their intense fat marbling, which makes the meat particularly ...

Trade deficit shrinks as energy imports fall

Jun 18, 2014

Trade deficit shrinks as energy imports fall

The trade deficit narrowed in May as imports declined for the first time in a year and a half, data showed Wednesday, but weaker shipments abroad helped keep the trade balance in the red. The figures — which suggest the economy is slowing — ...

Current account surplus falls 76%

Jun 9, 2014

Current account surplus falls 76%

Despite a 76.1 percent plunge in April, Japan's trade balance stays in the black after foreign visitors provide the first travel surplus in 44 years.

Tsukiji traders fish for new export markets

May 30, 2014

Tsukiji traders fish for new export markets

by Kazuaki Nagata

Businesses operating at Japan’s largest fish market are increasingly trying to boost exports, sensing demand overseas for such fare as octopus, abalone and stonefish sold with the renowned Tsukiji brand. Seafood consumption in Japan has been declining in recent years as people shift to ...

May 21, 2014

Import slowdown narrows trade gap

The trade deficit shrank in April as imports rose the least in 16 months, after the consumption tax hike crimped consumer spending, Finance Ministry data showed on Wednesday. Inbound shipments rose 3.4 percent from a year earlier, the ministry said. Exports increased 5.1 percent, ...

May 21, 2014

Trade deficit narrows on slower imports

The trade deficit narrowed in April as exports grew faster than imports following an increase in the sales tax that is expected to dampen demand for some time. The ¥808.9 billion deficit in April, according to preliminary figures released Wednesday by the Ministry of ...

Apr 23, 2014

TV program exports lag South Korea's

Japan’s television program exports in the fiscal year ending in March 2013 totaled ¥10.43 billion, far less than South Korea’s ¥18.63 billion, according to government data. Rights to broadcast Japanese TV programs brought in ¥6.22 billion, accounting for 60 percent of the export total. ...

Trade deficit grows to record ¥13.7 trillion

Apr 21, 2014

Trade deficit grows to record ¥13.7 trillion

The trade deficit surged nearly 70 percent to a record ¥13.75 trillion ($134 billion) last fiscal year as exports failed to keep pace with rising energy costs. The Finance Ministry reported Monday that Japan’s exports in the year ended March 31 rose 10.8 percent ...