Japan logs 7.5 bln USD trade deficit in January
Summary
Japan recorded a trade deficit of 1.15 trillion yen (7.5 billion USD) in January, marking its first deficit in three months despite a rise in exports and a decrease in imports.
Key Points
- Japan logged a trade deficit of 1.15 trillion yen (about 7.5 billion USD) in January.
- Exports increased 16.8 percent year on year to 9.19 trillion yen in January.
- Imports decreased 2.5 percent year on year to 10.34 trillion yen in January.
- This was the first trade deficit in three months for Japan.