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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

February 08, 2019
JAPAN CURRENT ACCOUNT AND TRADE BALANCE, DECEMBER AND ANNUAL 2018

Current Account

 

 

In December 2018, Japan reported

• the Net international trade (goods and services) surplus increased 447 billion yen to 207 billion yen,
• primary income surplus decreased 312 billion yen to 1,492 billion yen and
• secondary income (transfers) deficit increased 12 billion yen to 137 billion yen.

As a result, the current account surplus increased 124 billion yen to 1,562 billion yen over November 2018.

 

Trade Balance

In December 2018, Japan 's

• goods exports decreased 113 billion yen to 6,714 billion yen,
• goods imports decreased 438 billion yen to 6,565 billion yen,
• As a result, net international goods trade surplus increased 325 billion yen to 148 billion yen, over November 2018.
• Net international services trade surplus increased 122 billion yen to 58 billion yen, over November 2018.

As a result, Net international trade (goods and services) surplus increased 447 billion yen to 207 billion yen, over November 2018

 

 

ANNUAL

In 2018, Japan posted a current account surplus of 19,092.2 billion yen, a decrease of 2,858 billion yen (13.0 cent) over 2017. Trade balance was 289 billion yen, a decrease of 3,941 billion yen (-93.2 per cent) from 2017. Japan's trade balance has rebounded in recent years after posting trade deficits between 2011 and 2015. 

Primary income was 20,810 billion yen, a 4.9 per cent increase over 2017, while secondary income posted a deficit of 2,006 billion yen, a 5.2 per cent decrease over 2017.

 

Current month:  Reports link |  Press Release | Balance of Payments

                        Based on Table 6s-a-2 Current Account (seasonally adjusted), Monthly

Annual links:    Reports link |  Press Release   | Balance of Payments

                        Based on Table 6s-a-1 Current Account (unadjusted), Annual

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