July 29, 2021

Japan registered a current surplus of 14,028 million euros in September

Japan registered a current surplus of 14,028 million euros in September



Japan registered a current account surplus of 1.82 trillion yen (14.028 billion euros / 16.039 billion dollars) in September, which is its fifty-first consecutive month in positive.

The figure is 19.3% lower than that registered in the same month of 2017 and 0.9% lower than that obtained in August, according to data published today by the Japanese Ministry of Finance.

The Japanese trade balance had a surplus of 323,300 million yen (2,489 million euros / 2,846 million dollars), which represents a fall of 62.3% year-on-year, but contrasts with the deficit of 219.3 billion yen (1.688 million euros / 1,931 million dollars) of the previous month.

Exports fell by 0.9% year-on-year to 6.67 trillion yen (51.375 billion euros / 58.739 million dollars), while imports increased by 8% to 6.34 trillion yen (48.880 billion euros / 55.888 million dollars).

The balance of services left a deficit of 41,500 million yen (319 million euros / 365 million dollars), which represents a year-on-year reduction of the negative balance of 27.3%.

The income account was recorded in the ninth month of 2018 a positive balance of 1.69 billion yen (13,049 million euros / 14,917 million dollars), a 1.6% year-on-year increase.

On the other hand, transfers recorded a deficit of 154,600 million yen (1,190 million euros / 1,360 million dollars), 26.8% less than the deficit registered a year earlier.

The balance of payments reflects payments and income from foreign trade in goods, services, income and transfers and is considered one of the broadest trade indicators in a country.

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