Japan’s exports rise more than expected in July

Japan’s exports rise more than expected in July Japan’s exports rose at a faster-than-expected pace in July thanks to demand for chip-making machines, electronic parts, and cars
Business
August 21, 2024 12:01
Japan’s exports rise more than expected in July

Japan’s exports rose at a faster-than-expected pace in July thanks to demand for chip-making machines, electronic parts, and cars, Ministry of Finance data showed on August 21, Report informs referring to MarketWatch.

Exports rose 10.3% in July from a year earlier, compared with June’s 5.4% increase and an 8.1% rise forecast by economists polled by data provider FactSet.

With imports rising 16.6%, Japan posted a trade deficit of 621.8 billion yen ($4.28 billion) in July.

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