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Japan’s exports hit record high, but trade deficit continues

  • Japan's exports reached a record high of 107.9 trillion yen last year, according to the Finance Ministry.
  • The trade deficit was 5.3 trillion yen , a 44% decline from the previous year, as reported by the Finance Ministry.
  • Exports to Asian and European nations increased, while imports rose most from India, Hong Kong, and Iran, as noted in the report.
  • The U.S. Dollar's value against the yen has fluctuated, impacting import costs, with a trade deficit recorded for four consecutive years.
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  • 42% of the sources are Center
42% Center
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