bank of japan quarterly bulletin may 2001 91 s balance payments for 2000 92 i summary a overall trends 1 in the current account surplus registered 12 6 trillion an increase from 2 1999 capital and financial recorded net outflow 9 up 5 4 rise primarily reflecting movements reserve assets marked 3 down 8 b expanded by 7 percent previous year after decrease this was due to contraction deficit services larger income transfer trade shrank second consecutive value exports increased first time three years growing marking highest level historically