Japan's trade deficit down to ¥668.3B in February - Breaking The News

Japan's trade deficit down to ¥668.3B in February

15 March

1 min read

EPA-EFE/KIMIMASA MAYAMA

Japan's total merchandise trade deficit exceeded analysts' expectations in February, amounting to ¥668.3 billion, the country's Ministry of Finance revealed in its report on Wednesday.

The February merchandise trade deficit was down by ¥1,525.2 billion in comparison to the previous month's revised amount of ¥2,193.5 billion.

The country's exports for the time period landed below market estimates, increasing by 19.1% year-on-year, while imports rose 34.0% in comparison to February 2021, going above market estimates.

trade balance data

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