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Japan records 5th straight yearly trade deficit

Japan’s 2025 trade deficit narrowed 53% to 2.65 trillion yen despite external pressures including U.S. tariffs and strained China relations, with December posting a monthly surplus.

  • Japan has recorded a trade deficit for the fifth consecutive year in 2025, according to government data released Thursday.
  • The Finance Ministry reported a trade deficit of 2.65 trillion yen for the year, which is nearly 53% smaller than the previous year's deficit.
  • Exports rose by 3.1%, while imports remained about the same, gaining less than 1%.
  • In December, Japan recorded a trade surplus of 105.7 billion yen , despite an 11% decline in exports to the U.S.
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The trade balance of the archipelago remained in red for the fifth consecutive year, according to preliminary data published by the Ministry of Finance, although exports have grown.

·Portugal
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PerthNowPerthNow
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The Canberra TimesThe Canberra Times
Center

Japan records fifth straight yearly trade deficit

Japan has posted its fifth consecutive annual trade deficit, amid concerns about US tariffs and the political rift with China.

·City of Perth, Australia
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ReutersReuters
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Center

Japan's exports rise for fourth straight month, partly boosted by ...

·United Kingdom
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Associated Press NewsAssociated Press News
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Lean Left

Japan records 5th straight yearly trade deficit

Japan posted a trade deficit for the fifth year straight in 2025, according to government data, as concerns continued to grow over President Donald Trump’s tariffs and the political rift with neighboring China.

·United States
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The Washington Post broke the news in on Wednesday, January 21, 2026.
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