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Japan posted a trade deficit of 4.913 billion euros in August

Tokyo, Sep 16 (EFE) .- Japan registered a trade deficit of 635,400 million yen (4,913 million euros) in August, the Government reported on Thursday.

The data contrasts with the trade surplus of 11.6 billion yen (92.68 million euros) that the third world economy had recorded a month earlier, according to data released by the Ministry of Finance.

In August 2020, the Japanese trade balance had shown a surplus of 227,975 million yen (1,792 million euros).

Exports advanced 26.2% in the eighth month of the year, to 6.6 trillion yen (51,040 million euros), while imports grew by 44.7% to 7.24 trillion yen (56,000 millions of euros).

By countries, Japan registered with China, its largest trading partner, a deficit of 207,925 million yen (1,608 million euros), which is 246% more than the negative balance recorded a year earlier.

With the world’s leading economy and its second trading partner, the United States, the Asian country had a surplus of 393,067 million yen (3,039 million euros), which is 6.3% more year-on-year.

With the European Union, its third trading partner, Japan registered a deficit of 243,843 million yen (1,885 million euros), 196.9% more than a year earlier.

With Brazil, the Asian country increased its deficit by 27% to 53,019 million yen (410 million euros), while in the case of the negative balance with Chile it decreased by 29% to 36,390 million yen (281 million euros) .

Japan registered a surplus with Mexico of 43,635 million yen (279 million euros), which is 79.9% more than a year earlier.

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