Free Trial

MNI BRIEF: Japan April Exports Gain As Auto Shipments Recover

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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.