Positive trade balance of Japan fell by 21%

The surplus of Japan's trade balance in the 2017 financial year, which ended on March 31, 2018, declined by 21%. As reported by the Ministry of Finance of Japan, the decline was due to rising costs for increased in price oil and natural gas. Import increased by 13.4% to 73.7 trillion yen. Exports increased by 10.6% to 78.3 trillion yen, mainly due to increased supplies of cars and industrial equipment to Asian countries. Japan's surplus balance of payments reached a record value in 10 years, exceeding 21 trillion 740 billion yen, thanks to the increase in Japanese companies' income from investments abroad.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: