Japan posted a trade surplus of € 2.95 billion in June

Tokyo, Jul 21 (EFE) .- Japan registered a trade surplus of 383,180 million yen (2,950 million euros) in June, as reported by the Government on Wednesday.

The positive balance for June contrasts with the trade deficit of 290,950 million yen (2,249 million euros) in the same month of the previous year and the negative balance of 189,363 million yen (1,463 million euros) recorded in the previous month of May, according to data published by the Ministry of Finance.

Japanese exports grew by 48.6% in the sixth month of the year compared to the same month of 2020, to 7.22 trillion yen (55.7 billion euros), and imports increased by 32.7%, to 6 , 84 trillion yen (52,815 million euros).

So far this year, from January to June, Japan also noted the largest increase in its exports in eleven years, 23.2% year-on-year, to a total value of 39.86 trillion yen (308,166 million euros).

By country, Japan registered with China, its largest trading partner, a deficit of 47,937 million yen (370 million euros), which is 67.6% less than the negative balance obtained a year earlier.

With the world’s leading economy and its second trading partner, the United States, the Asian country had a surplus of 577,815 million yen (4,460 million euros), three times more than in the same month of the previous year.

With the European Union, its third trading partner, Japan registered a deficit of 137,637 million yen (1,064 million euros), which marks a reduction of 23.4% year-on-year.

With Brazil, the Asian country registered a deficit of 36,142 million yen (280 million euros), a reduction of 14.6%, while with Chile it registered a negative balance of 64,432 million yen (498 million euros) and a 25.9% reduction.

With Mexico, Japan registered a surplus of 32,016 million yen (247 million euros), in contrast to the negative result recorded the previous year.

Article Source