News
Japan's exports for June increased 27.7% to 5.866 trillion yen while imports rose 26.1% to 5.179 trillion yen, with trade surplus surging 41% from a year before to 687.0 billion yen (US$7.8 billion), according to a preliminary report released Monday by the Finance Ministry.
Growth is moderating in China, Japan's largest trade partners. Shipments to China rose 22 percent in June from a year earlier, moderating from 25.3 percent in May, while exports to the U.S. soared 21.1 percent, more than the previous month's 17.7 percent. Shipments to Europe eased in June with the increase of 9 percent, about half the pace of May's 17.4 percent.
For the first six months, Japan's exports surged 37.9% from the same period last year to 33 trillion yen while her imports rose 23.3% on year to 3.4 trillion yen.
