Japan’s trade surplus drops 37.5 percent in August

Sunday, September 26th, 2010 | Finance News


TOKYO (AFP) – Japan's trade surplus fell 37.5 percent in August from a year earlier as the resource-poor country imported more crude oil and liquid natural gas, the government said Monday.

The surplus was 103.2 billion yen (1.22 billion dollars) in August, shrinking for the first time in 15 months on year-earlier levels, according to the finance ministry.

The figure was significantly lower than market expectation.