Trade Balance - BOP Basis

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Sep 07, 23:50  Trade Balance - BOP Basis ¥769B ¥865B ¥916.10B

Trade Balance - BOP Basis

The Trade Balance released by the Customs Office is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. If a steady demand in exchange for Japanese exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the JPY.
Review Alex Nekritin's Article - Trading the Yen with Japan Trade Balance



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