Economic Buzz: Japan?s current account surplus widens as trade balance improves

Japan?s current account surplus expanded to JPY 3,674.1 billion in November 2025, up from JPY 3,338.9 billion a year earlier, supported mainly by a sharp improvement in the goods balance. The goods account surplus jumped to JPY 625.3 billion as exports grew 5.1% while imports declined 0.5%. The primary income surplus edged slightly higher, reflecting steady overseas investment earnings, while the secondary income deficit narrowed notably. However, the services account slipped into a marginal deficit, reversing last year?s surplus and partially offsetting gains elsewhere.

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