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Japan Logs Record Trade Deficit of 19.9 T. Yen in 2022

Japan Logs Record Trade Deficit of 19.9 T. Yen in 2022

   Tokyo, Jan. 19 (Jiji Press)--Japan posted a record customs-cleared trade deficit of 19,971.3 billion yen in 2022, compared with 1,783.6 billion yen in deficit a year before, the Ministry of Finance said Thursday.
   Exports expanded 18.2 pct to 98,186 billion yen, and imports increased 39.2 pct to 118,157.3 billion yen, the ministry said in a preliminary report.
   In December alone, Japan logged a trade deficit of 1,448.5 billion yen, against the year-before deficit of 603.1 billion yen.
   The result came against the median forecast of 1,652.9 billion yen in deficit among the 18 research institutes surveyed by Jiji Press.
   Exports rose 11.5 pct to 8,787.3 billion yen, and imports surged 20.6 pct to 10,235.7 billion yen.

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AFP-JIJI PRESS NEWS JOURNAL


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