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Tags: AS | Japan | Trade

Japan Trade Surplus Leaps on Strong Exports to Rest of Asia

Wednesday, 18 October 2017 10:38 PM

TOKYO (AP) — Japan reports its trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments to China and the U.S.

Customs data released Thursday showed exports rose 14 percent year-on-year to 6.8 trillion yen ($60.3 billion) while imports climbed 12 percent to 6.1 trillion yen ($54.3 billion).

Exports to China surged 29 percent in value, while exports to the U.S. were up 11 percent.

The 670.2 billion yen ($5.9 billion) overall surplus compared with a 486.6 billion yen surplus in September 2016.

The recovery in overseas demand has been a key factor supporting growth in the world's third largest economy.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Asia
Japan reports its trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments to China and the U.S.Customs data released Thursday showed exports rose 14 percent year-on-year to 6.8 trillion yen ($60.3 billion) while imports climbed 12...
AS,Japan,Trade
105
2017-38-18
Wednesday, 18 October 2017 10:38 PM
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