Economy

Japan Swings to a Stunning ¥153.1B Trade Surplus in June, Marking a Dramatic Turnaround

Japan's Trade Surprise

In a remarkable shift from the previous month's deficit, Japan announced a merchandise trade surplus of ¥153.1 billion for June. This positive turnaround comes after a ¥637.6 billion deficit recorded in May, as detailed in the latest report from the country's Finance Ministry.

Export and Import Trends

While the nation saw a slight decline in exports by 0.5% compared to the same period last year, imports experienced a modest increase of 0.2% annually. This delicate balance between export and import figures underscores the dynamic nature of Japan's trade economy.