News
Container exports from Japan to China decreased 8% to 759,447 tons in June due to declines in major commodities, according to the Japan Maritime Center (JMC). It was the fourth consecutive month of a year-on-year contraction. In terms of value, in contrast, they improved 2.4% to \871.5 billion (US$6.4 billion), enjoying a year-on-year increase for five months running.
Imports from China to Japan, meanwhile, hiked 9% to 2,034,691 tons, swelling from a year earlier for two back-to-back months, the JMC says in reference to trade statistics compiled by the Ministry of Finance (MOF). On a value scale, they surged 37.4% to \1.585 trillion ($11.55 billion) thanks to the depreciation of the Japanese yen, registering year-on-year growth for two straight months.
In the first half (January-June), exports amounted to 4,337,000 tons in volume, up 8.1%, and \4.761 trillion ($34.7 billion), up 3.9%. Imports weighed 10,841,000 tons, up 0.7%, and were valued at \7.96 trillion ($58.01 trillion), up 19.5%.
