Japan's Ministry of Finance released its current account data for Japan late Sunday evening. Japan's current account surplus fell to ¥960.7 billion in December from ¥1,143.5 billion in November, missing expectations for a surplus of ¥987.0 billion.

The goods trade deficit turned into a surplus of ¥188.7 billion in December, up from a deficit of ¥271.5 billion in November.

Exports dropped at an annual rate of 11.8% in December, while imports plunged 18.9%.

In 2015 as whole, the current account increased to ¥16.641 trillion from ¥2.645 trillion in 2014.

The trade balance declined to a deficit of ¥643.4 billion in 2015 from a deficit of ¥10.401 trillion in 2014.

Exports rose 1.5% in 2015, while imports dropped 10.3%.