June 19, 2024 00:20 GMT
Japan May Exports +13.5% Y/Y; Imports +9.5% Y/Y
JAPAN DATA
MNI (Singapore)
- Japan's exports registered a 13.5% y/y increase in May, accelerating from the 8.3% y/y increase marked in April.
- Imports rose 9.5% y/y in May, up from the 8.3% y/y growth last month.
- Trade balance in May was a deficit of Y1.22 trillion, compared with the previous Y462.5 billion deficit.
- Exports to the United States and China rose 23.9% and 17.8% respectively, and to the European Union fell 10.1%.
- Imports from China rose 12.3%, and from the US and the EU rose 29.7% and 5.3% respectively.
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