The positive balance of Japan’s foreign trade in July was Y513,5 billion, higher than the Y283,7 billion forecast. However, the trade balance in July was lower than the previous value of 693.1 billion.
Exports from Japan during the period from January to July fell by 14.0%, after declining by 7.4% from January to June. Economists had forecast a decline of 13.0%.
Imports to Japan in July, year on year, down by 24.7%, after declining by 18.8% in June.
Adjusted Trade Balance, published by the Customs Department of Japan totaled Y317,6 billion, well above the forecast of Y142,2bln. In June, the trade balance was Y335,0 billion.
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