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Japan's exports rebound in October even as trade tensions rise(Update)


  • Economy
  • Monday, 19 Nov 2018

Monday's trade data showed exports to China, Japan's biggest trading partner, rose 9.0 percent in the year to October led by cars, car engines and plastic raw materials, following the prior month's drop.

Monday's trade data showed exports to China, Japan's biggest trading partner, rose 9.0 percent in the year to October led by cars, car engines and plastic raw materials, following the prior month's drop.

TOKYO: Japan's exports rebounded in the year to October, reversing from the prior month's surprise drop as U.S.-bound car shipments grew, although slowing global demand and the intensifying U.S.-China trade war cloud the outlook for export-reliant Japan.

Ministry of Finance (MOF) data out on Monday showed exports rose 8.2 percent in October from a year before, slightly below a 9.0 percent gain expected by economists in a Reuters poll.

Economy

   

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