Free Trial

Japan Jan Exports Plunge; Imports Surge

JAPAN DATA
MNI (Singapore)
  • Japan's exports plunged 4.5% y/y in February, wiping off the 6.4% y/y gain registered in January.
  • Imports, in contrast, reported a 11.8% increase in February, offsetting the 9.5% y/y decrease last month.
  • February's trade balance was a surplus of Y217.3 billion, compared with the deficit of Y323.9 billion in the previous month.
  • Exports to China rose 3.4% y/y while those to the United States and the European Union fell 14.0% y/y and 3.3% y/y respectively.
  • Imports from China marked the biggest growth among all countries at 114.5% y/y in February, while imports from the United States fell 3.7% y/y while those from the European Union edged up 0.4% y/y.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.