JAPAN’S TRAVEL BALANCE FELL BY 89.2% IN FY 2020

Highlights –

• Japan’s travel balance fell by 89.2% in FY 2020.
• Japan’s travel surplus in 2020 fell 3.8% to 18.20 trillion yen from a year earlier.
• The service trade deficit stood at 3.73 trillion yen.
• Japan posted a current account surplus of 2.65 trillion yen in March.

Japan's Finance Ministry on Thursday reported that the country’....