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MNI BRIEF: Japan April Exports Gain As Auto Shipments Recover

(MNI) Tokyo
TOKYO (MNI)

Japan's exports rose 12.5% y/y in April for the 14th straight rise but slowed from March, and imports rose 28.2% y/y for the 15th straight gain, data released on Thursday by the Ministry of Finance showed

Japan posted an overall trade deficit of JPY839.2 billion for the ninth straight deficit following a deficit of JPY414.1 billion in March. Exports of automobiles rose 4.8% y/y in April, reversing from March, showing automobile makers are recovering but still weighed by supply-side restrictions.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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