(MENAFN- Saudi Press Agency) Japan's exports fell 1.3 per cent year-on-year to 5.7 trillion yen (52.5 billion dollars) in August, for the first decline
in two months, due to slow demand from the United States, the
government said Thursday, according to dpa.
Japan posted a trade deficit of 948.5 billion yen, down 2.4 per cent
from a year earlier, the Finance Ministry said in a preliminary
report, continuing a trend of monthly deficits stretching back more
than two years.
The value of imports declined 1.5 per cent from a year earlier to
6.65 trillion yen, the ministry said.
Exports to China, Japan's largest trading partner, edged down 0.2 per
cent to 1.12 trillion yen for the first fall in 17 months.
The country's shipments to the United States fell 4.4 per cent to
1.02 trillion yen, with car exports down 13.5 per cent, despite the
yen's fall against the dollar.
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