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Japan reports 2.8 trillion yen trade deficit in January

Japan reports 2.8 trillion yen trade deficit in January

WAM
19 Feb 2025, 10:11 GMT+10

TOKYO, 19th February, 2025 (WAM) -- Japan logged a 2.76 trillion yen ($18.2 billion) trade deficit in January, weighed down by increased imports of electronics, government data showed Wednesday.

Exports rose 7.2 percent from a year earlier to 7.86 trillion yen, marking the fourth straight month of growth, according to a preliminary Finance Ministry report.

Imports grew 16.7 percent to 10.62 trillion yen, increasing for the second consecutive month.

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