Economy

Japan's Trade Surplus Soars to ¥544 Billion in March, Marking a 55.5% Year-on-Year Increase

Japan's Trade Surplus Hits ¥544 Billion in March

Japan's Ministry of Finance released provisional data on Thursday showing a significant rise in the country's merchandise trade surplus, which reached ¥544.1 billion in March. This marks a substantial increase from the ¥349.9 billion surplus recorded in the same month the previous year.

Exports and Imports Show Steady Growth

Exports saw a 3.9% increase, totaling ¥9.85 trillion, while imports grew by 2.0% to ¥9.30 trillion. This growth in both exports and imports highlights the resilience of Japan's trade economy amidst global economic fluctuations.