Japan posts high trade surplus in February 2025

VOV.VN - In the context of the world economic situation fluctuating strongly due to the US's protectionist tariff policy, Japan has maintained its export growth momentum.

According to a quick report released by the Japanese Ministry of Finance this morning, March 19, in February, the country's export turnover reached over 9,191 billion yen (equivalent to about 61.7 billion USD), an increase of 11.4% over the same period last year. This is the 5th consecutive month that Japan's export turnover has maintained growth momentum. The main reason is that exports to China continued to increase sharply, and exports to the US increased dramatically, as Japanese businesses boosted exports to this market before the protectionist tax policy imposed by the Trump administration took effect.

Export activities with continuous positive growth are a bright spot of the Japanese economy (Photo: Jiji Press)

Meanwhile, import turnover stopped at 8,606.6 billion yen (equivalent to about 57.7 billion USD, down 0.7% compared to the same period last year. Accordingly, Japan's trade profit in February reached 584.5 billion yen (equivalent to about 4 billion USD). This is the first time after 2 months that Japan has regained a trade surplus. Previously, the Japanese Ministry of Finance said that in 2024, Japan's total export turnover increased by 6.2%, while the increase rate of imports stopped at 1.8%. Therefore, the country's trade deficit last year decreased by 44% compared to the previous year.

These figures are considered a positive sign for the world's fourth largest economy, in the context of the global economy facing negative impacts from the Russia-Ukraine conflict, the war in the Middle East, and recently the trade war between the US and China, along with the US tariff policy under President Donald Trump. However, Japanese economic experts warn that after the US tax policy takes effect, the tax rate that Washington plans to apply to imported cars from Japan alone will reduce the country's GDP by 0.08%~0.2%, and this is not the final damage figure.