Japan Posts 92.3 Billion Yen Current Account Deficit in June

Aug 10, 2026 | News On Japan

TOKYO - Japan recorded a current account deficit of 92.3 billion yen in June, its first shortfall in 17 months, as a sharp increase in import costs outpaced growth in exports.

Preliminary balance of payments data released by the Finance Ministry on August 10 showed that the current account, which reflects Japan's transactions in goods, services and other dealings with the rest of the world, fell into deficit for the first time since January 2025.

Exports increased during the month, but imports rose by a substantially larger amount, pushing the overall balance into the red.

Crude oil was a major factor in the deterioration. While the volume of crude oil imports fell 13.7%, their value surged 59.3%, indicating that higher oil prices and the weaker yen significantly increased Japan's import bill.

Source: テレ東BIZ

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