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International Business Newsletter-In October, Japanese exports to China continued to decline!

In October, Japanese exports to China continued to decline! 



Japan's exports rose for the second straight month in October, but the growth rate slowed down, indicating that Japan's economic recovery after the epidemic remains fragile.


Exports rose 1.6 percent year-on-year to $9.14 trillion in October, with auto, shipbuilding and construction machinery growing the most, compared with a 4.3 percent increase in September, according to figures released by the Ministry of Health, Finance and Welfare. 



Japan's exports to China fell 4 percent year-on-year in October, the 11th straight month of decline. Exports to the United States rose 8.4 percent, as demand for hybrid cars, mining and construction machinery drove Japanese exports to the U.S. to record highs.


Imports fell 12.5 percent to 9.8 trillion yen. The trade balance showed a deficit of 662.5 billion yen ($4.4 billion).


Imports were reported to have fallen 12.5 percent to 9.8096 trillion yen, seven consecutive months lower than the same period last year. Imports of coal, liquefied natural gas (LNG) and crude oil fell respectively, driving down overall imports. 



10月,日本对华出口继续下滑!



       日本10月份出口连续第二个月增长,但增速放缓,表明日本疫情后的经济复苏仍然脆弱。


       日本厚生财务省公布的数据显示,10月出口同比增长1.6%,至9.14万亿美元。其中汽车、船舶和工程机械的出口增幅最大。相比之下,9月份的增幅为4.3%。


       日本10月对华出口同比下降4%,连续第11个月下滑。对美国出口增长8.4%,对混合动力汽车、采矿和建筑机械的需求推动日本对美出口创出历史新高。


       当月进口下降12.5%,至9.8万亿日元。贸易收支出现6625亿日元(约合44亿美元)的逆差。


       据报道,进口额减少12.5%至9.8096万亿日元,连续7个月低于上年同期。煤炭、液化天然气(LNG)和原油进口分别减少,拉低了整体进口额。