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For additional information relating to this article, please contact:

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

January 12, 2023
JAPAN CURRENT ACCOUNT AND TRADE BALANCE, NOVEMBER 2022

 

                                                                                                                                               

Current Account (November 2022 vs October 2022)

The net current account changed from a deficit (609 billion yen) to a surplus (1,919 billion yen).

  • The net goods and services deficit narrowed by 966 billion yen to 1,755 billion yen.
  • The net primary income surplus widened by 1,420 billion yen to 3,817 billion yen.
  • The net secondary income deficit narrowed by 142 billion yen to 143 billion yen.

  

Trade Balance (November 2022 vs October 2022)

The net goods deficit narrowed by 825 billion yen to 1,395 billion yen.

  • The goods exports decreased 30 billion yen to 8,849 billion yen.
  • The goods imports decreased 855 billion yen to 10,245 billion yen.

 

The net services deficit narrowed by 141 billion yen to 360 billion yen.

 

REFERENCES

Report | Press Release | Balance of Payments

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

 



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