News

Japan’s trade surplus shrinks as exports slow

02/07/2001

The merchandise trade surplus recorded its lowest level since January 1996, falling from Y575.0 billion in May 2000 to Y80.1 billion ($652 million). Japan's surplus with the United States, its largest trading partner, fell 15.9 percent year-on-year to Y390.6 billion, while its surplus with Asia plunged by a massive 84.1 percent.

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