Japanese trade gap declined to ¥892 Billion in November of 2014 from ¥1301 Billion a year earlier as exports rose by 4.9 percent and imports declined by 1.7 percent.
In November, exports grew 4.9 percent year-on-year to ¥6189 billion. Sales to Asia, which account for more than half of the country's total exports, rose 5.9 percent (10.5 percent a month earlier). Shipments to China increased only by 0.9 percent, to Hong Kong by 16.8, to Taiwan by 3.5 percent and to South Korea by 11.4 percent. Exports to the United States increased by 6.8 percent while to Western Europe declined by 0.5 percent.
12/17/2014 12:26:57 AM
Japan Trade Gap Narrows in October
Japanese trade deficit declined to ¥710 Billion in October of 2014 from ¥1100 Billion a year earlier, the lowest since June 2013. While exports rose at the fastest pace since February, imports growth slowed to 2.7 percent.
Published on 2014-11-20
Japan Trade Deficit Widens in September
Japanese trade gap increased slightly to ¥958.3 billion in September of 2014 from ¥943.2 billion a year earlier, the first rise in three months. While exports reported the highest annual gain in seven months, imports grew 6.2 percent.
Published on 2014-10-22
By commodity, exports increased among following categories: electrical machinery (7.4 percent), machinery (6.2 percent), manufactured goods (4.5 percent) and chemicals (3.7 percent). In contrast, sales of transport equipment declined by 2.9 percent.
Imports dropped by 1.7 percent year-on-year to ¥7081 billion supported by decline in price of energy commodities. Shipments of mineral fuels decreased by 12.2 percent with crude oil dropping by 21.6 percent.
The biggest trade deficits were reported with: China, Saudi Arabia, Australia, United Arab Emirates, Russia, Malaysia and Kuwait. The biggest trade surpluses were reported with: United States, Hong Kong, South Korea, Singapore and Taiwan.