The value is 15.5% higher than in the same month of 2024 and 36.8% lower than in September, according to data released by Japan’s Ministry of Finance.
Japan’s trade balance recorded a surplus of 98.3 billion yen (543 million euros), contrasting with a deficit of 152.7 billion yen (844 million euros) the previous year, and a 58.3% decrease on a quarterly basis.
Exports increased by 2.8% year-on-year and 2.2% quarterly, reaching 9.65 trillion yen (53.387 billion euros), while imports grew by 0.1% year-on-year and 3.7% quarterly, amounting to 9.55 trillion yen (52.840 billion euros).
The services balance recorded a deficit of 294.6 billion yen (1.628 billion euros), which is 3.4 times higher than last year and 37.3% more compared to September.
The income account registered a positive balance of 3.46 trillion yen (19.152 billion euros) in the tenth month of the year, an 8.6% increase from the prior year, yet 30% less than the previous month.
The transfers segment recorded a deficit of 434.8 billion yen (2.403 billion euros), marking a 12.5% increase from the previous year and a 10.9% reduction from the previous quarter.
The balance of payments reflects transactions and receipts from exchanges of goods, services, income, and transfers with foreign countries, and is considered one of the most comprehensive indicators of a country’s trade.
