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Japan’s exports rise 7.3% year/year in March

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Published Wed, Apr 17, 2024 · 08:09 AM
    • Japan's imports fell 4.9 per cent in the year to March, versus a decline of 4.7 per cent expected and a 0.5 per cent gain in February.
    • Japan's imports fell 4.9 per cent in the year to March, versus a decline of 4.7 per cent expected and a 0.5 per cent gain in February. PHOTO: AFP

    JAPAN’S exports grew 7.3 per cent year-on-year in March, up for the fourth straight month, Ministry of Finance data showed on Wednesday.

    The reading compared with a 7.0 per cent increase seen in a Reuters poll of economists and followed a 7.8 per cent gain in the previous month.

    Imports fell 4.9 per cent in the year to March, versus a decline of 4.7 per cent expected and a 0.5 per cent gain in February.

    As a result, the trade balance stood at a surplus of 366.5 billion yen (S$3.23 billion), compared with the forecast of 299.9 billion yen. REUTERS

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