TOKYO (Kyodo) — Japan had a current account surplus of 4.06 trillion yen ($27.5 billion) in February, returning to the black for the first time in two months, driven by an increase in exports, the Finance Ministry said Tuesday.
The country’s goods trade recorded a surplus of 712.9 billion yen, as exports jumped 10.4 percent from a year earlier to 9 trillion yen and imports decreased 1.9 percent to 8.29 trillion yen, according to the ministry’s preliminary report.
Among other key components, primary income, which reflects how much Japan earns from overseas investments, surged 10.9 percent from the year before to 3.88 trillion yen.
The current account balance is one of the widest gauges of international trade.