February 21, 2024 00:10 GMT
Japan Jan Exports +11.9% Y/Y; Imports -9.6% Y/Y
JAPAN DATA
MNI (Singapore)
- Japan's exports registered a 11.9% y/y increase in January, accelerating from the 9.7% y/y increase marked in December.
- Imports fell 9.6% y/y in January, dipping further from the 6.9% y/y drop last month.
- Trade balance in January was a deficit of Y1,758 billion, compared with the previous Y68.9 billion surplus.
- Exports to the United States, the European Union and China rose 15.6%, 13.8% and 29.2%, respectively.
- Imports from China and the EU decreased 7.6% and 10.1% respectively, and those from the United States rose 6.0%.
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