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Japan Trade Surplus Jumps 119.9% in July

Surplus reached $9.55 billion

As recovery of exports outpaced that of imports, Japan's trade surplus soared 119.9% in July from a year earlier, the finance ministry said on August 25.

The surplus reached 804.2 billion yen (US$9.55 billion) in July, marking the 14th straight month of improvement on year-earlier levels, according to the ministry.

The figure was significantly larger than market expectation of 457 billion yen.

Copyright Agence France-Presse, 2010

TAGS: Trade
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