Japan's trade deficit down 53.7 pct in H1 - Capital Business
Connect with us

Hi, what are you looking for?

People watch a ship sailing on the Suez Canal in Ismailia Province, Egypt, on Oct. 5, 2021. (Xinhua/Ahmed Gomaa)

World

Japan’s trade deficit down 53.7 pct in H1

TOKYO, July 18 (Xinhua) — Japan’s trade deficit in the first half of the year fell 53.7 percent to 3.23 trillion yen (about 21 billion U.S. dollars), as exports grew amid rising costs and yen’s sharp depreciation, the government said in a report on Thursday.

According to the finance ministry, in the first six months, imports edged up 0.8 percent to 54.75 trillion yen, while exports totaled 51.52 trillion yen, up 8.8 percent, supported by robust auto shipments to the United States.

In June alone, Japan logged a 224 billion yen trade surplus, the first in three months, the preliminary data showed.

Exports increased 5.4 percent to 8.74 trillion yen, while imports rose 3.2 percent to 8.70 trillion yen. (1 Japanese yen equals 0.0064 U.S. dollars).

Visited 17 times, 1 visit(s) today

More on Capital Business

World

The latest estimate brings the total amount spent on suspected interventions in May and on April 30 to around 10 trillion yen.

World

Japanese Prime Minister Sanae Takaichi announced the new cooperation framework on Wednesday after an online meeting with other Asian leaders.

World

The amount being released is equivalent to about 50 days' worth of domestic demand, drawing on oil reserves held by the state, the private...

World

According to the National Police Agency, people in their 20s and younger accounted for more than 70 percent of the total.

Banks

While net interest income fell 13 percent to Sh28.9 billion, non funded income decreased by 23 percent to Sh13.4 billion.

World

Between October and December, only 11,716 of the 27,354 people who took the test passed the written section of the exam that assesses applicants'...

World

FEB 20 – US goods imports continued to outpace its exports last year, sending the country’s trade deficit to a new high despite sweeping...

World

Economists said the decrease raised the likelihood the Bank of England will cut interest rates at its March monetary policy meeting.