Japan had a merchandise trade surplus of 754.985 billion yen in March, the Ministry of Finance said on Wednesday.
That was shy of expectations for 819.1 billion yen following the 242.2 billion yen surplus in February.
Exports were down 6.8 percent on year, beating forecasts for a fall of 7.1 percent following the 4.0 percent contraction in the previous month.
Imports skidded an annual 14.9 percent versus expectations for a decline of 16.5 percent after tumbling 14.2 percent a month earlier.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.