Japan's Trade in Surplus as Imports Drop for Fifteenth Month

Japan’s trade balance was in surplus in March as the stronger yen reduced the cost of energy and other imports, while exports fell.

Overseas shipments dropped 6.8 percent from a year earlier, while imports declined 14.9 percent, leaving a surplus of 755 billion yen ($6.9 billion). That was less than the 834.6 billion yen forecast in a Bloomberg survey.