trending Market Intelligence /marketintelligence/en/news-insights/trending/sahuArKLbbiIXzEgBynvdA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Japan books wider-than-expected trade deficit in July as exports extend drop

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Japan books wider-than-expected trade deficit in July as exports extend drop

Japan's trade deficit in July widened 9.8% year over year to ¥249.59 billion, following a revised surplus of ¥589.64 billion in June, provisional unadjusted data from the Ministry of Finance showed.

The consensus estimate of economists polled by Econoday was for a trade deficit of ¥220 billion.

Exports declined for the eighth consecutive month, falling 1.6% to ¥6.643 trillion, in line with the Econoday consensus estimate. Imports dropped 1.2% to ¥6.893 trillion, compared with the Econoday consensus estimate of a 2.0% decline.

Exports to China fell 9.3% to ¥1.229 trillion, while imports climbed 2.8% to ¥1.613 trillion, logging a trade deficit of ¥383.77 billion. Exports to the U.S. climbed 8.4% to ¥1.355 trillion, while imports grew 3.5% to ¥776.00 billion, booking a surplus of ¥579.40 billion.

Exports to South Korea fell 6.9% in July, while imports dropped 8.6%. Japan and South Korea recently removed each other from their so-called white lists of preferred trading partners as tensions between the neighboring East Asian economist escalate.

As of Aug. 16, US$1 was equivalent to ¥106.32.