Japan has logged a surprise trade surplus in January as US-bound exports picked up for the first time in more than two years on robust demand for cars.
Japan posted a surplus of JPY85.2 billion (USD957 million), beating a deficit of some JPY145 billion the market had expected and reversing a record deficit of JPY956 billion a year ago.
It is the 12th consecutive month that Japan has posted a trade surplus, according to data from the Finance Ministry.
(Source: The Sydney Morning Herald)