Exports were up almost 12% in yen terms from 2016. This has helped the trade-reliant economy stay in what is widely seen as its second-longest postwar expansion cycle. Imports were also up by 14%, due to higher oil and coal prices.
Japan ran a trade surplus of 7.04 trillion yen with the United States, marking the first year-on-year increase in two years.
The region's overall imports from Japan rose 4.0 percent on the back of increasing demand for vehicle and machinery. US President Trump is demanding that Japan have more balanced trade with his country.
Japan had a 5.93 trillion yen trade surplus with the rest of Asia including China, the world's second-largest economy which grew 6.9 percent in 2017. Kuwaiti overall exports to Japan surged 60.2 percent year-on-year to JPY 71.5 billion (USD 650 million) for the 12th consecutive month of increase.Читайте также: Capital Planning Advisors LLC Purchases 3456 Shares of UnitedHealth Group Inc (UNH)
Exports to China jumped 20.5 percent previous year to 14.9 trillion yen ($135.5 billion), mainly thanks to strong shipments of industrial machinery and chemicals.
While Japan runs a perennial trade deficit with China, its trade surplus with all of Asia jumped 52 percent to 5.9 trillion yen ($53.6 billion), second only to its politically tricky 7.04 trillion yen ($64 billion) surplus with the USA, its largest export market and ally.
Overall exports gained 9.3 percent from the year before, while imports climbed 14.9 percent, with value of crude oil to Japan inflating 28.8 percent.
The trade data are measured on a customs-cleared basis before adjustment for seasonal factors.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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