Japan's BOP trade deficit at ¥1.187T in May - Breaking The News

Japan's BOP trade deficit at ¥1.187T in May

9 July

1 min read

EPA-EFE/KIMIMASA MAYAMA

Japan's trade deficit on the balance of payments (BOP) basis expanded to ¥1.187 trillion in May, from ¥113.1 billion registered in the month prior, the country's Ministry of Finance revealed in its report on Monday.

According to the report, Japan's total imports in May declined by 10.2% on an annual basis, to stand at ¥8.428 trillion. The country's exports fell 2.8% compared to the same timeframe a year prior, coming in at ¥7.241 trillion.

trade balance data

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