Japan trade deficit shrinks 77% to ¥1.73 trillion

Jul 23, 2015

Japan trade deficit shrinks 77% to ¥1.73 trillion

Japan’s goods trade deficit in the January to June period shrank 77.4 percent from a year earlier to ¥1.73 trillion ($13.9 billion), due partly to smaller imports on the back of declining crude oil prices, the government said Thursday. The smaller deficit, which followed ...

Japan slides back into trade deficit, erasing March surplus

May 25, 2015

Japan slides back into trade deficit, erasing March surplus

Japan swung back into a trade deficit in April after logging its first surplus in almost three years in March, but the shortfall shrank drastically year on year, thanks to stronger exports and lower energy bills, official data showed Monday. The monthly deficit came ...

Imports declined in November on plunging crude oil prices

Dec 17, 2014

Imports declined in November on plunging crude oil prices

Imports dropped 1.7 percent in November from the year before to ¥7.08 trillion, declining for the first time in three months as crude oil prices plunged across the globe, government data showed Wednesday. The balance in goods trade remained in the red for the ...

Japan current account balance back in black

Sep 8, 2014

Japan current account balance back in black

The nation’s current account balance was in the black for the first time in two months in July, hitting ¥416.7 billion as the income from foreign investments rose to a record high for the month, outweighing the trade deficit, the government said Monday. Imports ...

Exports rebound in boost for Abe's policies

Aug 20, 2014

Exports rebound in boost for Abe's policies

Japan’s exports rose more than forecast in July, bouncing back from two straight declines to support an economy that contracted last quarter by the most since the period immediately following the Great East Japan Earthquake in March 2011. Overseas shipments rose 3.9 percent from ...

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 ...