Japan reports fourth straight trade deficit in October despite export growth.

In October, Japan reported a trade deficit of 461.2 billion yen ($2.98 billion), marking the fourth consecutive month of deficits. Despite a 3.1% rise in exports, particularly in semiconductor equipment, imports surged, especially in computers (up 46%) and non-ferrous metals. Exports to Asia rose by 7.6%, while those to the U.S. and EU declined by 6.2% and 11.3%, respectively, due to lower car exports.

November 20, 2024
40 Articles

Further Reading