Japan's merchandise trade balance total recorded a surplus of 807.1 billion yen in October compared with a previous revised surplus of 525.3 billion yen from 465.5 billion yen, and it came higher than the forecasted 465.5 billion yen. The Adjusted merchandise trade balance recorded a surplus of 419.1 billion yen compared with a prior 58.6 billion yen, while analyst's forecasts referred to 300.0 billion yen.

Merchandise trade exports declined 23.2% in October from a year earlier following a decline by 30.7% that was revised to 30.6%, and it came better than the anticipated decline by 26.8%. As for imports, it declined 35.6% in October from a year earlier compared with 36.9% and it was expected to drop 34.0%.