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Japan Oct Exports +1.6% Y/Y; Imports -12.5% Y/Y

MNI (Singapore)
  • Japan's exports registered a 1.6% y/y increase in October, following the 4.3% y/y increase marked in September.
  • Imports fell 12.5% y/y in October, narrowing from the 16.4% y/y drop last month.
  • Trade balance in October was a deficit of Y662.5 billion, compared with the previous Y72.1 billion surplus.
  • Exports to the United States and the European Union rose 8.4% y/y and 8.9% y/y respectively, and to China decreased 4.0% y/y.
  • Imports from the United States and China decreased 4.5% and 2.9% respectively, and those from the EU fell 5.6%.

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