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Reuters.
A Japanese flag flutters in front of a shipping container area, at a port in Tokyo. Japan's trade deficit rose 10 per cent from a year earlier to 1.63 trillion yen (17.4 billion dollars) in January, the largest monthly trade loss on record, the government said.
Tokyo - Japan's trade deficit rose 10 per cent from a year earlier to 1.63 trillion yen (17.4 billion dollars) in January, the largest monthly trade loss on record, the government said Wednesday.
Japan's exports rose 6.4 per cent in January from a year earlier to 4.8 trillion yen for the first increase in eight months, while imports grew 7.3 per cent to 6.43 trillion yen, the Finance Ministry said in a preliminary report.
Shipments to the European Union fell 4.5 per cent to 508.1 billion yen for the 16th consecutive month of year-on-year decline, while exports to China, Japan's biggest trade partner, climbed 3 per cent to 762.9 billion yen for the first rise in eight months, the ministry said. - Sapa-dpa
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