Sunday, December 12, 2010

Japan's trade surplus grew in June 388%

Japan finance province 23, published data show that the slowdown in the decrease due to exports, imports continue to decrease, this year, Japan's trade surplus in June to 5080 billion yen, up sharply 388%. This is the country's trade surplus with 20 months for the first time.

Data show that in June of this year, Japan exports up by 35.7% 4.5999 trillion yen, a decrease of 9 months; imports 41.9% year-on-year, 4.0919 trillion yen, the continuous decline of 8 months.

In June this year, Japan's trade surplus with the United States is 2776.3 billion yen year-on-year decline 37.1% decline in continuous 22 months; on EU trade surplus 904.8 billion yen year-on-year decline 71.6% decline for 10 months;-Asia trade surplus 6517.4 billion yen year-on-year decline 25.1% for 10 months of continuous decline.

Finance province said that crude oil and coal imports a substantial reduction in the trade surplus in June this year has increased significantly year-on-year.

In addition, the financial data also in published show that Japan's trade surplus in the first half of this year is 83.2 billion yen, up significantly reduced 99.7%. Where exports 24.0067 trillion yen, year-over-year decrease 42.7%; imports 23.9984 trillion yen, year-over-year decrease 38.6%.

Analysts said that since December last year, Japan exports drop down. Currently, the United States, Japan and Asia's exports to the EU are warmer signs rendered on export-oriented in terms of Japan's economy is good news.

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