Japon Balance Commerciale

Japan’s trade deficit plunged to JPY 461.25 billion in October 2024 from JPY 702.86 in the same month a year earlier, as exports rose much faster than imports. However, the latest result missed market estimates of a shortfall of JPY 360.4 billion. Sales increased by 3.1% to a three-month high of JPY 9,426.67 billion, reversing a 1.7% decline in September and surpassing forecasts of a 2.2% growth. Meanwhile, purchases rose by 0.4%, decelerating from a downwardly revised 1.8% increase in the previous month, yet outperforming expectations of a 0.3% decline.