Japan's May seasonally adjusted merchandise trade balance

Ministry of Finance of Japan announced the Japan's May seasonally adjusted merchandise trade balance on 2025-06-17. against a forecast of -3590billion yen, with the prior figure recorded as -4089billion yen.

Regarding the Japan's May seasonally adjusted merchandise trade balance, If there is a deficit, actual value > forecast value = bearish for the yen; if there is a surplus, actual value > forecast value = bullish for the yen, The merchandise trade balance refers to the difference between the total value of a country's exports and imports of goods over a specific period. When exports exceed imports, it is called a "surplus" or "excess"; conversely, it is called a "deficit" or "shortfall". Japan is an export-oriented economy, and when it experiences a merchandise trade deficit, national income tends to flow out of the country, weakening the economic performance. Therefore, when the country's merchandise trade deficit widens, the yen tends to depreciate; conversely, when there is a merchandise trade surplus, the yen tends to appreciate.

This data holds an importance level of , calculated using Statistics on the difference between exports and imports of goods, excluding trade in services, and updates mid-month. The next release is set for 2025-07-17 07:50:00.

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