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Japan's Exports Plunge, Trade Deficit Widens More Than Expected

Jan 24, 2013, 05:25 IST

michaelvito / FlickrTuna auction in JapanJapan's latest trade numbers are out.

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The trade deficit came in at ¥641.5 billion, which was wider than the ¥522.8 billion forecast by economists.

Exports fell by 5.8 percent year-over-year versus the estimate of -4.2 percent.

Exports to China fell 15.8 percent.

Exports to the EU fell 11.1 percent.

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Export to the US fell 0.8 percent.

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