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    Japan reported a trade surplus in September despite a 6.9% fall in exports to 5.97 trillion yen, pulled lower by weak auto and machinery demand. Imports also fell, down 16.3% to 5.47 trillion yen, giving Japan a 498.3 billion yen surplus compared to an August deficit. While a stronger yen hurts export competitiveness, it reduces costs for imports like oil and gas. A slowdown in China, a major export market, has also impacted Japanese trade balances in recent months.

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    Economics article on international trade

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    Japan reported a trade surplus in September despite a 6.9% fall in exports to 5.97 trillion yen, pulled lower by weak auto and machinery demand. Imports also fell, down 16.3% to 5.47 trillion yen, giving Japan a 498.3 billion yen surplus compared to an August deficit. While a stronger yen hurts export competitiveness, it reduces costs for imports like oil and gas. A slowdown in China, a major export market, has also impacted Japanese trade balances in recent months.

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    Exports Fall, But Japan Reports September Trade Surplus

    Uploaded by

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    Japan reported a trade surplus in September despite a 6.9% fall in exports to 5.97 trillion yen, pulled lower by weak auto and machinery demand. Imports also fell, down 16.3% to 5.47 trillion yen, giving Japan a 498.3 billion yen surplus compared to an August deficit. While a stronger yen hurts export competitiveness, it reduces costs for imports like oil and gas. A slowdown in China, a major export market, has also impacted Japanese trade balances in recent months.

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    Exports fall, but Japan reports

    September trade surplus


    Date Accessed: 28 October 2016, Anonymous
    Publisher: The standard, Url: http://www.thestandard.com.hk/breaking-news.php?
    id=81208

    Japan reports its trade balance swung to a surplus in September, though exports fell by 6.9
    percent, pulled lower by weak demand for autos and machinery.
    Customs figures showed exports in September totaled 5.97 trillion yen (US$57.4 billion).
    Imports fell by 16.3 percent from a year earlier to 5.47 trillion yen (US$52.6 billion).
    The surplus of 498.3 billion yen (US$4.8 billion) compared with a deficit of 18.7 billion yen in
    August.
    Japan's trade balance has mostly fallen in recent months as the value of the yen has risen
    against the dollar. That makes Japanese products less competitive in overseas markets. But it
    also reduces costs for imported oil and gas and other commodities.
    A larger factor has been a prolonged slowdown in China, one of Japan's biggest export markets

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