June 2026 Balance of Payments (Preliminary): Overview

The Ministry of Finance released the Overview of June 2026 Balance of Payments (Preliminary) on August 10, 2026. It presents monthly conditions centered on the current account and financial account, including trade and services, income, and investment.

The June current account was a deficit of 92.3 billion yen, deteriorating by 1.374 trillion yen year on year. The breakdown includes the trade and services balance, trade balance, services balance, primary income account, and secondary income account.

The financial account was 965.8 billion yen, down from 5.0865 trillion yen in the previous month. Amounts for June and the previous month are organized for direct investment, portfolio investment, financial derivatives, other investment, and reserve assets.

The trade and services balance recorded a deficit of 363.7 billion yen and deteriorated by 670.4 billion yen year on year. The trade balance was a deficit of 135.2 billion yen and deteriorated by 602.5 billion yen year on year. Exports were 10.4801 trillion yen, up 1.472 trillion yen year on year (16.3%), marking an increase for the tenth consecutive month. Imports were 10.6153 trillion yen, up 2.0745 trillion yen year on year (24.3%), marking an increase for the fifth consecutive month.

The services balance recorded a deficit of 228.5 billion yen, with the deficit widening by 67.9 billion yen year on year. The contraction of the surplus in the travel balance was cited as one reason. The primary income account recorded a surplus of 380.1 billion yen, but the surplus narrowed by 1.0648 trillion yen year on year. The secondary income account was a deficit of 108.6 billion yen, with the deficit narrowing by 361.2 billion yen year on year.

According to reference values from trade statistics, exports were 10.9265 trillion yen and imports were 11.3365 trillion yen. Exports of automobiles, semiconductor and other electronic components, and nonferrous metals increased, as did imports of crude oil, semiconductor and other electronic components, and nonferrous metals. The crude oil price was 117.18 US dollars per barrel, or 117,684 yen per kiloliter on a yen basis.

The number of foreign visitors to Japan was 3,148,600, down 6.8% year on year, while the number of Japanese nationals departing Japan was 1,090,200, up 3.4% year on year. The source was the Japan National Tourism Organization (JNTO).

In June, the financial account consisted of direct investment of 1.5696 trillion yen, portfolio investment of 8.9329 trillion yen, equity and investment fund shares of 3.1617 trillion yen, medium- and long-term debt securities of 1.6072 trillion yen, short-term debt securities of 4.164 trillion yen, financial derivatives of 2.2061 trillion yen, other investment of -12.0298 trillion yen, and reserve assets of 287.1 billion yen.

In financial account assets, external direct investment increased assets by 2.4057 trillion yen, external equity and investment fund shares investment increased assets by 281.3 billion yen, and external medium- and long-term debt securities investment increased assets by 23.6 billion yen. In financial account liabilities, inward direct investment increased liabilities by 836.1 billion yen, inward equity and investment fund shares investment decreased liabilities by 2.8803 trillion yen, and inward medium- and long-term debt securities investment decreased liabilities by 1.5835 trillion yen.

As reference values, the monthly average dollar-yen exchange rate was 160.71 yen per US dollar, compared with 144.50 yen per US dollar in the same month of the previous year, representing yen depreciation of 11.2% year on year. The euro-yen exchange rate was 185.09 yen per euro, compared with 166.37 yen per euro in the same month of the previous year, representing yen depreciation of 11.3% year on year.