November 17, 2022 00:50 GMT
Japan Oct Exports +25.3% Y/Y; 20th Monthly Rise
JAPAN DATA
MNI (Singapore)
- Japan's exports rose for 20th straight month by 25.3% y/y in October, following the 28.9% y/y growth marked in September.
- Imports jumped another 53.5% y/y in October, after rising 45.9% y/y last month, marking the 21st monthly rise.
- Trade balance in October was a deficit of Y2.16 trillion, compared with the previous Y2.09 trillion deficit.
- Exports to the United States and the European Union rose 36.5% y/y and 28.1% y/y respectively, and to China increased 7.7% y/y.
- Imports from the United States and China jumped 47.1% and 39.3 respectively, and from the European Union rose 40.2% y/y.
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