June 19, 2021

Japan registered a trade deficit of 7.9 billion euros in April



Japan registered a trade deficit of 930.401 million yen (7.9 billion euros or 8.6 billion dollars) in April, its government reported on Thursday.

The negative balance contrasts with the surplus of 58,988 million yen (499 million euros or 547 million dollars) noted a year earlier and with the positive balance of 5,408 million yen (46.8 million euros or 50.2 million dollars) registered in March, according to data published by the Ministry of Finance.

Japanese exports decreased 21.9% year-on-year in the fourth month of 2020 to 5.2 trillion yen (44.03 billion euros or $ 48.33 billion), while imports decreased 7.2% to 6.1 trillion yen (€ 51.9 billion or $ 57 billion).

By country, Japan registered in April with China, its largest trading partner, a deficit of 552,596 million yen (4,700 million euros or 5,130 million dollars), which is 72.9% more than the negative balance obtained a year before.

With the first economy in the world and its second trading partner, the United States, the Asian country obtained a surplus of 181.170 million yen (1,530 million euros or 1.7 billion dollars), which is 75.1% yoy less.

With the European Union, its third trading partner, Japan registered a deficit of 191.176 million yen (1.6 billion euros or 1.8 billion dollars), 265.2% more year-on-year.

With Brazil, the Asian country expanded its deficit by 4.1% to 35,949 million yen (304 million euros or 334 million dollars), while in the case of the negative balance with Chile it expanded by 49.4% to 71,735 million yen (607 million euros or 666 million dollars).

Instead, Japan achieved a surplus with Mexico amounting to 14,139 million yen (120 million euros or $ 131 million), 67.1% less than in April 2019.

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