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For additional information relating to this article, please contact:

Thomas Storring	Director – Economics and Statistics
Tel: 902-424-2410	Email: thomas.storring@novascotia.ca

September 09, 2025
JAPAN CURRENT ACCOUNT AND TRADE BALANCE, JULY 2025

Month-over-month (July 2025 vs June 2025)

The current account  surplus narrowed by ¥515.1 billion to ¥1,882.8 billion.                                                          

• the goods trade surplus changed to a deficit of ¥278.2 billion.
• the services trade deficit widened by ¥322.8 billion to ¥450.7 billion
• the primary income surplus widened by ¥90.7 to ¥3,173.6 billion
• the secondary income deficit narrowed by ¥116.1 billion to ¥561.8 billion

The goods trade surplus changed to a deficit of ¥278.2 billion.

• goods exports decreased ¥285.6 billion to ¥8,563.8 billion.
• goods imports increased ¥113.6 billion to ¥8,842.1 billion.

 Source: Ministry of Finance, Japan. 

 https://www.mof.go.jp/international_policy/reference/balance_of_payments/bp_trend/bpnet/sbp/s-a/6s-a-2.csv

 

 

 

 

 

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