Japan Trade Deficit Pushes Current Account Surplus to Record Low
Japan’s trade deficit totaled 839 billion yen ($7 billion) in April, for the ninth straight monthly deficit. In contrast, the world’s third-largest economy had recorded a surplus of nearly 227 billion yen in April last year. Japan’s exports grew to 8.076 trillion yen ($63 billion) la...
8 (Xinhua) -- Japan's current account surplus contacted for the first time in eight months in January owing to a rebound in crude oil prices and a widening trade deficit, the Finance Ministry said Wednesday, According to the ministry, the surplus in one of the widest gauges of a country...
TOKYO, Jan. 12 (Xinhua) -- Japan logged a current account surplus of 897.3 billion yen (7.8 billion U.S. dollars) in November, the Finance Ministry said in a report on Wednesday. The ministry also said in its preliminary report that the country had a goods trade deficit of 431.3 billion...
Trade Balance shows difference between exports and imports. A positive value indicates a trade surplus, while a negative one hints at a trade deficit. The impact of the trade balance report on the
The Japanese acknowledge that their trade surpluses with Europe and the U.S. have increased sharply. But, they insist, their critics should note that these bilateral surpluses are partially offset by track deficit elsewhere, particularly against Au...
The fact that Japan has had a surplus on its balance of trade for so long has often been advanced in popular debate as an argument for that country’s protectionism, although it is irrelevant. Just as many countries have a deficit, it follows that others must, necessarily, run a surplus....
The difficulties Japan's economy faced; heightened security concerns in Northeast Asia; a broader US shift away from unilateral measures; greater acceptance of the trade deficit; and perceptions that Japan was moving to open its economy were also important in lessening tensions in the bilateral ...
This represents a 92% increase or a 9.9 trillion yen rise compared to the previous year. The primary factors contributing to this recovery include the decrease in import costs due to the settling of resource prices, which resulted in a narrowing trade deficit. ...
The Trump administration’s focus on using the trade deficit as a measure of success is reason for Japan to worry. The country’s more than $68 billion goods surplus with the U.S. ranks second to China, which holds a much larger $300 billion surplus. ...