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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

January 14, 2025
JAPAN CURRENT ACCOUNT AND TRADE BALANCE, NOVEMBER 2024

Month-over-month (November 2024 vs October 2024)

The current account  surplus widened by ¥624.6 billion to ¥3,033,4 billion.                                                          

  • the goods trade deficit narrowed by ¥151.2 billion to ¥29.7 billion
  • the services trade deficit widened by ¥7.4 billion to ¥58.7 billion
  • the primary income surplus widened by ¥450.1 to ¥3,584.7 billion
  • the secondary income deficit narrowed by ¥30.7 billion to ¥463.0 billion

The goods deficit narrowed by ¥151.2 billion to ¥29.7 billion.

  • goods exports decreased ¥210.0 to ¥8,579.7 billion.
  • goods imports decreased ¥361.2 billion to ¥8,609.4 billion.

Source: Based on Table 6s-a-2 Current Account (seasonally adjusted), Monthly. November:  Report  | Press Release 



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