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January 12, 2021JAPAN CURRENT ACCOUNT, TRADE BALANCE, NOVEMBER 2020 
Current Account (November 2020 vs October 2020)
- The Current account surplus widened by 356 billion yen to 2,339 billion yen.
- The Goods and services trade surplus widened by 183 billion yen to 721 billion yen.
- The Primary income surplus widened by 214 billion yen to 1,899 billion yen.
- The Secondary income deficit widened by 41 billion yen to 280 billion yen.
Trade Balance (November 2020 vs October 2020)
- Exports of goods increased 259 billion yen to 6,227 billion yen
- Imports of goods increased 16 billion yen to 5,229 billion yen
- As a result, Japan's goods trade surplus widened by 244 billion yen to 997 billion yen
- Net Services trade deficit widened by 61 billion yen to 277 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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