Japan's Trade Deficit Highest in Ten Months


Japan's trade deficit widened to 1293 billion yen in October of 2013 from 957 billion reported in the same month of the previous year. Exports increased 18.4 percent on the year while imports grew 21.1 percent.


Japanese trade gap was the largest since January of 2013 and the biggest for the month of November.

Exports increased 18.4 percent on the year to 5900 Billion yen, up for a ninth consecutive month. Shipments to the United States were up 18.9 percent from 24.6 percent gain recorded in October. Exports to China and Western Europe rose by 33.1 percent and 17.7 percent respectively.

Imports were up 21.1 percent to 7193 Billion yen from 26.1 percent growth registered in October. Imports of mineral fuels were up 30.6 percent, a slowdown from 45.9 percent growth registered in October.

 Japan


Ministry of Finance, Japan | anna@tradingeconomics.com
12/18/2013 12:20:15 AM