Japan had a merchandise trade surplus of 823.474 billion yen in April, the Ministry of Finance said on Monday.
That exceeded expectations for a surplus of 521.4 billion yen following the 754.2 billion yen surplus in March.
Exports were down 10.1 percent on year, missing forecasts for a fall of 9.9 percent following the 6.8 percent drop in the previous month.
Imports tumbled an annual 23.3 percent versus expectations for a decline of 19.3 percent after skidding 14.9 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.