BREAKING NEWS: Japan Logs 115.8 Bil. Yen Trade Deficit in April

BREAKING NEWS: Japan logs 115.8 bil. yen trade deficit in April

BREAKING NEWS: Japan logs 115.8 bil. yen trade deficit in April ==Kyodo

The Ministry of Finance announced April trade statistics (preliminary, customs clearance basis) on the 21st, showing a trade balance, exports minus imports, of a deficit of 115.8 billion yen. This is the first deficit in three months. This was due to a decline in exports of automobiles, steel, and ships. Exports increased in semiconductors and other electronic parts, food products, and pharmaceuticals,

Japan’s exports rise 2% on year in April, shipments to US slump

TOKYO :Japanese exports rose 2 per cent in April from a year earlier but shipments to the U.S. fell 1.8 per cent, data from the Ministry of Finance showed on Wednesday. The year-on-year increase in total exports matched a median market forecast.     Imports fell 2.2 per cent in April from a year earlier, versus a 4.5 per cent drop expected by analysts. As a result, Japan marked a trade deficit of 115.8 billion yen ($802.44 million), compared wit…

Japan Merchandise Trade Balance Total came in at ¥-115.8B, below expectations (¥227.1B) in April

Japan Merchandise Trade Balance Total came in at ¥-115.8B, below expectations (¥227.1B) in April