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Japan Logs Trade Deficit of 930.4 B. Yen in April

Japan Logs Trade Deficit of 930.4 B. Yen in April

   Tokyo, May 21 (Jiji Press)--Japan logged a customs-cleared trade deficit of 930.4 billion yen in April, compared with 59 billion yen in surplus a year before, the Ministry of Finance said Thursday.
   The result came against the median forecast of 460 billion yen in deficit among 17 research institutes surveyed by Jiji Press.
   Exports fell 21.9 pct to 5,202.3 billion yen, and imports dropped 7.2 pct to 6,132.7 billion yen, the ministry said in a preliminary report.
   In trade with the United States, Japan's surplus dived 75.1 pct to 181.2 billion yen. Exports were down 37.8 pct, and imports were up 1.6 pct.
   In trade with mainland China, Japan posted a deficit of 552.6 billion yen, compared with 319.7 billion yen in deficit a year before. Exports fell 4.1 pct, and imports were up 11.7 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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