Top News

|  Kerala govt. intends developing Azhikkal port  |    |  Civil Aviation Policy envisages growth of air cargo volumes to 10 mt by 2027  |    |  Milaha new PQX to establish a second weekly service to & from Mundra  |    |  Swire Shipping to start weekly services to Micronesia  |    |  Centre plans INR 1L crore worth road projects  |    |  APL to launch new Asia Latin America Express 3 service  |    |  Pace of air cargo rate improvement slows in July  |    |  Asia-Europe rate inches up 0.5% to USD 923 TEU, off 7% to USWC  |    |  Shapoorji Pallonji Group bids for LNG regasification terminal  |    |  PPT launches massive plantation drive inside Harbour Area  |    |  Delhi Metro launches WiFi on Blue Line stations  |    |  Vistara to restart New Delhi-Varanasi services in October  |    |  Railway projects launched in Odisha  |    |  SCR will run two special trains  |    |  MOL to levy USD 500 TEU hike on cargo for southern Africa September 1  |    |  Ethiopian Airlines to purchase 59 more aircraft from now until 2025  |    |  GDL announces profit after Tax of INR 12 crore in Q1 FY 2018  |    |  Air Odisha & Air Deccan to start services by Sept 30 under RCS 1  |    |  VCT aiming at new cargoes  |    |  Re-export of cotton likely from Kochi port  |   
You are here: Home » National News » Supply Chain» Japan exports rise 13% to USD 59 billion in July

Japan exports rise 13% to USD 59 billion in July

21 August 2017 | Tokyo
 

transreproter

Japan's exports increased at a fast pace in July, indicating a revival in demand from China, the US and Southeast Asia, though the prices rose faster compared to the volumes for several products.

Exports rose over 13% in July to 6.5 trillion yen (USD 59 billion) compared to a year earlier, according to a data released recently.

“Trade actually dragged on growth in the world's third-largest economy in the April-June quarter but likely would provide a slight boost for the year,” said Marcel Thieliant of Capital Economic – an independent macroeconomic research firm.

Thieliant forecasts an increase of 6% in export volumes, whereas volumes of import will rise by around 3%.

In the month of July, Japan's shipments to the US rose 11.5% to 1.3 trillion yen (USD 12 billion), mainly comprising machinery, cars and car parts. Imports jumped 14% to 671.7 billion yen (USD 6.1 billion), with increase in the shipments of fish and meat.

The Country’s exports to the Association of Southeast Asian Nations (ASEAN), a 10-member bloc, also surged 18%, to 1 trillion yen (USD 9 billion), on the back strong demand for appliances and other devices.

   
Transreproter Logo