News
Exports of containerized shipments from Japan to China fell 5.5% from a year earlier to 530,644 tons in January, suffering a year-on-year decrease for 11 months in a row and setting a lowest monthly record, according to the Japan Maritime Center (JMC). Referring to trade statistics unveiled by the Ministry of Finance (MOF), it said that declines in wastepaper, auto parts and components, and other commodities were contributing factors. In terms of value, they amounted to ¥459.2 billion, down 0.6%, registering the first year-on-year shrinkage in two months.
Imports from China to Japan, meanwhile, diminished 1.1% to 2,022,172 tons, incurring a year-on-year contraction for the fourth consecutive month. On a value scale, they waned 0.3% to ¥1.269 trillion, decreasing year on year for six months running.
