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September 08, 2020JAPAN CURRENT ACCOUNT, TRADE BALANCE, JULY 2020 Current Account
Comparing July 2020 with June 2020
- The Current account surplus narrowed by 85 billion yen to 964 billion yen
- The Net Goods and services trade deficit narrowed by 217 billion yen to 142 billion yen
- The Net Primary income surplus narrowed by 372 billion yen to 1,212 billion yen
- The Net Secondary income deficit narrowed by 70 billion yen to 107 billion yen
Trade Balance
Comparing July 2020 with June 2020
- Net Services trade deficit widened by 65 billion yen to 197 billion yen
- Net Goods trade surplus changed from a deficit (226 billion yen) to a surplus (56 billion yen)
- Exports of goods increased 361 billion yen to 5,091 billion yen
- Imports of goods increased 80 billion yen to 5,035 billion yen
CURRENT ACCOUNT AS A SHARE OF GDP
Japan's current account to GDP measure dropped significantly.
- Over same quarter last year (2020Q2 vs 2019Q2) 1.82 points.
- Quarter-over-quarter (2020Q2 to 2020Q1) 1.87 points to 1.7%.
REFERENCES
Report | Press Release | Balance of Payments
Based on Table 6s-a-2 Current Account (seasonally adjusted), Monthly
OECD, Quarterly balance of payments statistics
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