Japan Trade Surplus Sinks In October As Energy Imports Surge

TOKYO (AP) — Japan's trade surplus fell more than 40 percent in October from a year earlier, despite strong growth in exports to China, the U.S. and the EU, as costs for imports of oil, gas and coal surged. Customs figures released Monday showed imports rose almost 19 percent from the same month a year earlier in October to 6.41 trillion yen ($57 billion) while exports were up 14 percent at 6.7 trillion yen ($59 billion).Read more on NewsOK.com

Topics:  tokyo ap     japan   china   u.s    eu   customs   newsok   october   imports   surge   trade surplus   percent   earlier   yen   trillion   exports   year   
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