Japan June exports rise 1.5% year-on-year | Inquirer Business

Japan June exports rise 1.5% year-on-year

/ 08:19 AM July 20, 2023

TOKYO  – Japan’s exports in June rose 1.5 percent from a year earlier, Ministry of Finance (MOF) data showed on Thursday.

The rise was less than a 2.2- percent gain expected by 15 economists in a Reuters poll. It followed a 0.6- percent rise in May.

Imports fell 12.9 percent year-on-year in June, versus the median estimate for an 11.3- percent decrease.


The trade balance came to a surplus of 43 billion yen ($307.96 million), versus the median estimate for a 46.7 billion yen deficit. It was the first time in 23 months the trade balance has recorded a surplus.

($1 = 139.6300 yen)

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Exports, imports, Japan, Trade surplus

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.