The current account balance in July, which shows how much Japan earned through trade and investment with foreign countries, was in the black at 1,910.8 billion yen.
Due to growth in exports to the United States and China, the surplus expanded from the same month last year, which was greatly affected by the new coronavirus.
According to the balance of payments statistics released by the Ministry of Finance, Japan's current account surplus in July was 1,910.8 billion yen, and the surplus amount was 375.6 billion yen from the same month last year, which was greatly affected by the new coronavirus. , The rate increased by 24.5%.
Of this amount, the “trade balance”, which is the balance of exports minus imports, was in the black at 622.3 billion yen.
Although the import value increased due to the rise in crude oil prices, the export value of automobiles for the United States and semiconductor manufacturing equipment for China increased significantly.
On the other hand, the travel balance remained in the black at 22.3 billion yen due to the small number of foreign tourists due to the influence of the new Corona.
In addition, the "primary income balance" including dividends and interest received by Japanese companies from overseas subsidiaries was a surplus of 2,099.6 billion yen, the same as last year against the backdrop of the recovery of overseas economies such as the United States and China. It increased by 99.3 billion yen from the month.