January 23, 2025 00:16 GMT
JAPAN DATA: Japan Dec Exports +2.8% Y/Y; Imports +1.8% Y/Y
JAPAN DATA
- Japan's exports registered a 2.8% y/y increase in December, down from the 3.8% y/y decrease marked in November. Exports in 2024 rose 6.2% from a year earlier.
- Imports rose 1.8% y/y in December, improving from the 3.8% y/y decrease last month. Imports grew 1.8% in 2024.
- Trade balance in December was a surplus of Y130.9 billion, compared with the previous Y110.3 billion deficit. Trade balance in 2024 registered a Y5,332 billion deficit.
- Exports to the United States and China fell 2.1% and 3.0% respectively, and to the EU rose 0.5%.
- Imports from China, EU and US increased 5.7%, 7.6% and 1.4% respectively.
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