(MENAFN) According to newly released government data, Japan's exports exceeded imports in March for the first time in nearly three years, Xinhua reported.
The country's trade surplus stood at USD1.9 billion last month, the finance ministry said in a preliminary report, adding that the crude oil price's decline was the main cause.
The value of exports was up 8.5 percent to USD57.97 billion, up for the seventh straight month, led by increased exports of automobiles and semiconductors, said the ministry.
Meanwhile, imports dropped 14.5 percent to USD56.05 billion, marking the third consecutive monthly drop, affected by decreased imports of oil-related products as well as liquefied natural gas.
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