Japan's July Trade Balance Surplus of 441 Billion Yen Exceeds Forecast of 203.3 Billion Yen (Update)

[Asia Economy Reporter Kim Suhwan] According to the preliminary trade statistics released by the Japanese Ministry of Finance on the 18th, Japan recorded a trade surplus of 441 billion yen (approximately 4.73 trillion won) in July.

This significantly exceeded the market forecast of a 202.3 billion yen surplus.

Exports increased by 37% compared to the same month last year, falling short of the market forecast of a 39% increase.

Imports rose by 28.5% year-on-year, below the forecasted 35.1% increase.

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