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Japan reports $6.2B trade deficit in first half of 2026
Japan recorded a trade deficit of $6.2 billion during the first six months of 2026, due to declining imports and changes in oil markets. Oil imports from the Middle East dropped by 26.4%, while oil imports from the United States increased by 210.3%, reaching the highest level since 1979. Despite a 57% decrease in the deficit compared to the previous year, Japan has recorded a trade deficit for the sixth consecutive month, with imports amounting to 61.67 trillion yen and exports at 60.66 trillion yen. The country had a surplus of 3.15 trillion yen with the United States and a deficit of 4.64 trillion yen with China.
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