TOKYO (AP) — Japan reports it saw strong growth in both exports and imports in July reflecting a recovery in demand in China, Southeast Asia and the U.S. The data released Thursday showed exports rose more than 13 percent from a year earlier to 6.5 trillion yen ($59 billion) while imports jumped 16 percent to 6.1 trillion yen ($55 billion), helped by a surge in oil and coal shipments. The trade surplus slipped 17 percent from a year earlier to 419 billion yen ($3.8 billion). Japan's exports to the U.S., mainly of cars, car parts and machinery, jumped 11.5 percent to 1.3 trillion yen ($12 billion).
Comment on Japan trade surges in July on strong demand in China, US
Business Heds Index, Seattle Post-Intelligencer: Business
Wed, 08/16/2017 - 5:59pm
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