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Japan Mar Exports +14.7% Y/Y; 13th Monthly Rise

JAPAN DATA
MNI (Singapore)
  • Japan's exports rose for 13th straight month by 14.7% y/y in March, following the 19.1% y/y growth marked in February.
  • Imports grew by 31.2% y/y in March, decelerating from the 34.0% y/y increase last month, marking the 14 monthly rise.
  • Trade balance in February was a deficit of Y412.4 billion, shrinking from the previous Y668.2 billion deficit.
  • Exports to the European Union and the United States rose 16.8% y/y and 23.8% y/y respectively, and to China increased 2.9% y/y.
  • Imports from the European Union increased 16.8% y/y, and from the United States and China increased by 18.4.% y/y and 19.0% y/y respectively.
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