Japan's seasonally unadjusted merchandise trade balance for May

Ministry of Finance of Japan announced the Japan's seasonally unadjusted merchandise trade balance for May on 2025-06-17. The reported figure stands at -6376billion yen, against a forecast of -8929billion yen, with the prior figure recorded as -1158billion yen.

Regarding the Japan's seasonally unadjusted merchandise trade balance for May, 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 Announced in the middle of each month. The next release is set for 2025-07-17 07:50:00.

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