The Economy

Japan Trade Surplus Jumps 119.9% in July

Aug. 25, 2010

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.

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.