A: Hey buddy! Guess what?
B: What's up, man? I don't know. What's the news?
A: Japan just had its first trade deficit in three months, last month.
B: Whoa, really? That sounds serious. How much was it?
A: About 800 million dollars. But exports actually grew by 2%!
B: Wait a sec... that means imports went down then?
A: Exactly! Imports fell by 2.2%. It's mainly because energy prices, like coal and oil, dropped.
B: Oh, so that explains it. But what about the exports to the US? I heard something about a drop.
A: Yeah, car shipments to the US dropped for the first time in four months. The reason is the stronger yen.
B: Sounds like they're keeping an eye on the US tariffs too, huh?
A: Yep! The Finance Ministry says they'll keep close watch on how these additional tariffs affect trade.
----------------
Japan posted its first trade deficit in three months in April.
The Finance Ministry says it will keep a close watch on the effects on trade of the US Trump administration's additional tariffs.
The deficit stood at 115.8 billion yen, or about 800 million dollars.
Exports grew 2 percent from a year earlier to 9.15 trillion yen, or roughly 63.5 billion dollars.
Car shipments to the US dropped in value for the first time in four months by 4.8 percent on the back of a stronger yen.
Imports fell 2.2 percent in yen terms to 64 billion dollars. This was mainly due to cheaper coal and crude oil, as energy prices fell.
B: What's up, man? I don't know. What's the news?
A: Japan just had its first trade deficit in three months, last month.
B: Whoa, really? That sounds serious. How much was it?
A: About 800 million dollars. But exports actually grew by 2%!
B: Wait a sec... that means imports went down then?
A: Exactly! Imports fell by 2.2%. It's mainly because energy prices, like coal and oil, dropped.
B: Oh, so that explains it. But what about the exports to the US? I heard something about a drop.
A: Yeah, car shipments to the US dropped for the first time in four months. The reason is the stronger yen.
B: Sounds like they're keeping an eye on the US tariffs too, huh?
A: Yep! The Finance Ministry says they'll keep close watch on how these additional tariffs affect trade.
----------------
Japan posted its first trade deficit in three months in April.
The Finance Ministry says it will keep a close watch on the effects on trade of the US Trump administration's additional tariffs.
The deficit stood at 115.8 billion yen, or about 800 million dollars.
Exports grew 2 percent from a year earlier to 9.15 trillion yen, or roughly 63.5 billion dollars.
Car shipments to the US dropped in value for the first time in four months by 4.8 percent on the back of a stronger yen.
Imports fell 2.2 percent in yen terms to 64 billion dollars. This was mainly due to cheaper coal and crude oil, as energy prices fell.
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Summary
In April, Japan recorded its first trade deficit in three months, amounting to around 800 million dollars. This was due primarily to a decrease in imports caused by lower energy prices, particularly for coal and oil. Exports grew by 2%, reaching approximately 63.5 billion dollars. However, car
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ID: a37d21cc-c492-4401-b1b0-3c15e1a4ddf9
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250521_B3/
Created: 2025/05/22 07:11
Updated: 2025/12/08 03:59
Last Read: 2025/05/22 07:22