BUSINESS / Economy

Japan posts current account surplus of ¥1.35 trillion in November

Travel surplus also sets record high as country sees increase in foreign visitors

A container ship sits berthed at a shipping terminal in Yokohama, Japan. Japan's current account surplus in November marked the 41st straight month of black ink, with increased shipments of semiconductor-related equipment and cars lifting the country's exports by 13.9 percent to ¥6.77 trillion. | BLOOMBERG

Kyodo

Jan 12, 2018

Japan posted a current account surplus of ¥1.35 trillion ($12 billion) in November on robust earnings from foreign investments, marking the 41st straight month of black ink, government data showed Friday.

But the surplus shrank 5.6 percent from a year ago as trade-reliant Japan had a smaller trade surplus of ¥181.0 billion in November due to a surge in imports. It marked the first year-on-year drop in five months, the Finance Ministry said in a preliminary report.

Imports gained by a greater margin than exports, up 17.6 percent from a year ago to ¥6.59 trillion amid swelling energy imports in value.

Japan posts current account surplus of ¥1.35 trillion in November

Travel surplus also sets record high as country sees increase in foreign visitors

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