HOME > NATION > Article

Text Size

small

medium

large


Japan Current Account Surplus Doubles on Record Exports in 2023

Japan Current Account Surplus Doubles on Record Exports in 2023

   Tokyo, Feb. 8 (Jiji Press)--Japan's current account surplus surged 92.5 pct in 2023 from the previous year, as the country's trade deficit shrank thanks to record exports, government data showed Thursday.
   The surplus in the current account, the broadest measure of the country's overseas trade and investment flows, totaled 20,629.5 billion yen, the Finance Ministry said in a preliminary report.
   Japan's deficit in goods trade shrank 57.9 pct to 6,629 billion yen. Exports grew 1.5 pct to 100,274.3 billion yen, while imports declined 6.6 pct to 106,903.2 billion yen.
   The country also logged record surpluses in travel service and the primary income balance.
   In December alone, Japan's current account surplus grew sharply to 744.3 billion yen from 9.5 billion yen a year before.

To read a full story, please click here to find out how to subscribe.

NATION

HEADLINES

POLITICS
Okinawa Govt Appeals to Supreme Court over Henoko Base Construction
ECONOMY
Nikkei 225 Soars above 39,000 to Rewrite All-Time Closing High after 3 Decades
SPORTS
Ski Jumping Men: Kasai, 51, to Join World Cup for 1st Time in 4 Seasons
OTHER
1st Court Hearing Held on Govt Request for Unification Church Breakup Order

AFP-JIJI PRESS NEWS JOURNAL


Photos