Japan recorded a trade surplus of 62.121 billion yen last month

Tokyo  January 24, 2024 SPA

The Japanese Ministry of Finance announced today that the country’s merchandise trade surplus last month reached 62.121 billion yen. Japan’s exports increased last month by 9.8% to reach 9.648 trillion yen, while they were expected to grow by 9.1% after contracting by 0.2% during the previous month. On the other hand, Japan’s imports declined last December by 6.8% annually to reach 9.586 trillion yen, while analysts had expected a decline of 5.3%, after a decline of 11.9% during the previous month.