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December 08, 2020JAPAN CURRENT ACCOUNT, TRADE BALANCE, OCTOBER 2020 
Current Account (October 2020 vs September 2020)
- The Current account surplus widened by 638 billion yen to 1,983 billion yen.
- The Goods and services trade surplus widened by 110 billion yen to 538 billion yen.
- The Primary income surplus widened by 81 billion yen to 1,685 billion yen.
- The Secondary income deficit narrowed by 446 billion yen to 240 billion yen.
Trade Balance (October 2020 vs September 2020)
- Exports of goods increased 134 billion yen to 5,967 billion yen
- Imports of goods increased 158 billion yen to 5,214 billion yen
- As a result, Japan's goods trade surplus narrowed by 24 billion yen to 754 billion yen
- Net Services trade deficit narrowed by 134 billion yen to 216 billion yen
CURRENT ACCOUNT AS A SHARE OF GDP (2020Q3 vs 2020Q2)
Japan's current account surplus (as measured as a share of GDP) increased 1.4 percentage points to 3.0%.
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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