Japan's 2015 trade deficit narrows as oil prices tumble

Jan 25, 2016

Japan's 2015 trade deficit narrows as oil prices tumble

Japan logged a trade deficit in 2015 for the fifth straight year, but its value shrank 77.9 percent from 2014 to ¥2.83 trillion ($23.9 billion), due mainly to a sharp drop in imports amid lower crude oil prices, the government said Monday. The value ...

Japan logs trade deficit for fifth month in August

Sep 17, 2015

Japan logs trade deficit for fifth month in August

The nation posted a goods trade deficit for the fifth straight month in August, the government said Thursday, partly reflecting a drop in exports to China amid a slowdown in the world’s second-largest economy. The deficit in value terms shrank 40.2 percent from a ...

Aug 19, 2015

Trade deficit widens to ¥268.1 billion as export growth slows

The nation’s trade deficit widened to its largest level in five months in July, as exports slowed thanks to faltering demand in China and other key markets. Imports fell by less than forecast. The ¥268.1 billion deficit reported Wednesday compared with a deficit of ...

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 ...