Japon Compte Courant

Japan's current account surplus surged to JPY 4,060.7 billion in February 2025 from JPY 2,737.1 in the same month of the previous year, exceeding market estimates for a gain of JPY 3,800 billion and marking the largest amount on record. The goods account turned to a surplus of JPY 712.9 billion from a deficit of JPY 298.3 billion as exports surged (10.4%) while imports declined (-1.9%). Additionally, the primary income surplus increased to JPY 3,881.7 billion from JPY 3,499.8 billion. Meanwhile, the services account deficit widened to JPY 175.5 billion from JPY 117.7 billion in the prior year. At the same time, the secondary income shortfall edged up to JPY 358.4 billion from JPY 346.7 billion.