Japan reported a current account surplus of approximately ¥3.91 trillion (US$25.7 billion) in April, according to the latest data from the Ministry of Finance. The reading shows that the balance of payments for the world's third-largest economy remains positive, supported by steady exports and income from overseas investments.
The current account is a broad measure of trade and service flows, including merchandise trade, services, investment income, and transfers. In April, higher interest and dividend earnings from Japanese companies' foreign investments significantly contributed to the result.
The data adds to positive signals for Japan's economy, as a weaker yen in recent months has boosted the yen-denominated value of exports. However, imports of energy and raw materials continue to pressure the merchandise trade balance, which remained in deficit, offset by surpluses in services and investment income.
Analysts said the surplus was in line with market expectations and reflects Japan's gradual economic recovery from global volatility. The Ministry of Finance will release detailed monthly data later this month.
