Japan current account surplus in April rises 3.2% to 2.26 tril. yen

Skyscrapers in Tokyo’s Shinjuku Ward are seen from a Mainichi Shimbun helicopter in April 2020. The building seen in the center is the Tokyo Metropolitan Government headquarters. (Mainichi)

TOKYO (Kyodo) — Japan posted a current account surplus of 2.26 trillion yen ($15.6 billion) in April, up 3.2 percent from a year earlier, lifted mainly by a smaller trade deficit, the Finance Ministry said Monday.

The country’s goods trade balance registered a deficit of 32.8 billion yen, as exports increased 4.0 percent from a year earlier to 8.77 trillion yen, while imports decreased 2.9 percent to 8.80 trillion yen, according to the ministry’s preliminary report.

Among other key components, primary income, which reflects how much Japan earns from overseas investments, declined 9.6 percent from a year earlier to 3.59 trillion yen.

The current account balance is one of the widest gauges of international trade.

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