Japan posts first trade surplus in two months, exports down 4.5 percent in February
Release Time：
2021-03-17 14:20
Source：
Japan's exports fell 4.5 percent to 6.038 trillion yen (about 360 billion yuan) in February from a year earlier, the first decline in three months, Kyodo News reported. Exports to the U.S. plunged 14 percent to 1 trillion and 92 billion yen due to a prolonged expansion of COVID-19 and a steep decline in auto sales.
Total exports increased for two consecutive months in December last year and January this year, showing signs of recovery after the epidemic, but a real recovery may take time. Imports rose 11.8% to 5.8206 trillion yen. The trade balance of exports minus imports had a surplus of 217.4 billion yen, the first surplus in two months.
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Japan posts first trade surplus in two months, exports down 4.5 percent in February
Japan's exports fell 4.5 percent to 6.038 trillion yen (about 360 billion yuan) in February from a year earlier, the first decline in three months, Kyodo News reported. Exports to the U.S. plunged 14 percent to 1 trillion and 92 billion yen due to a prolonged expansion of COVID-19 and a steep decline in auto sales. Total exports increased for two consecutive months in December last year and January this year, showing signs of recovery after the epidemic, but a real recovery may take time. Imports rose 11.8% to 5.8206 trillion yen. The trade balance of exports minus imports had a surplus of 217.4 billion yen, the first surplus in two months.
2021-03-17
Japan posts first trade surplus in two months, exports down 4.5 percent in February
Japan's exports fell 4.5 percent to 6.038 trillion yen (about 360 billion yuan) in February from a year earlier, the first decline in three months, Kyodo News reported. Exports to the U.S. plunged 14 percent to 1 trillion and 92 billion yen due to a prolonged expansion of COVID-19 and a steep decline in auto sales. Total exports increased for two consecutive months in December last year and January this year, showing signs of recovery after the epidemic, but a real recovery may take time. Imports rose 11.8% to 5.8206 trillion yen. The trade balance of exports minus imports had a surplus of 217.4 billion yen, the first surplus in two months.
2021-03-17
Japan posts first trade surplus in two months, exports down 4.5 percent in February
Japan's exports fell 4.5 percent to 6.038 trillion yen (about 360 billion yuan) in February from a year earlier, the first decline in three months, Kyodo News reported. Exports to the U.S. plunged 14 percent to 1 trillion and 92 billion yen due to a prolonged expansion of COVID-19 and a steep decline in auto sales. Total exports increased for two consecutive months in December last year and January this year, showing signs of recovery after the epidemic, but a real recovery may take time. Imports rose 11.8% to 5.8206 trillion yen. The trade balance of exports minus imports had a surplus of 217.4 billion yen, the first surplus in two months.
2021-03-17
Japan posts first trade surplus in two months, exports down 4.5 percent in February
Japan's exports fell 4.5 percent to 6.038 trillion yen (about 360 billion yuan) in February from a year earlier, the first decline in three months, Kyodo News reported. Exports to the U.S. plunged 14 percent to 1 trillion and 92 billion yen due to a prolonged expansion of COVID-19 and a steep decline in auto sales. Total exports increased for two consecutive months in December last year and January this year, showing signs of recovery after the epidemic, but a real recovery may take time. Imports rose 11.8% to 5.8206 trillion yen. The trade balance of exports minus imports had a surplus of 217.4 billion yen, the first surplus in two months.
2021-03-17
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