Japan's 2022 trade deficit is 19.9 trillion yen, a record high (Reuters file photo)
[Financial Channel/Comprehensive Report] The trade deficit is approaching the 20 trillion yen mark. The 2022 trade statistics flash report released by Japan’s Finance Ministry on the 19th shows that last year’s trade deficit reached 19.9713 trillion yen, a record high since records began in 1979.
Nikkei Chinese website reported that Japan’s trade deficit hit a record high last year, mainly due to the depreciation of the yen and higher energy prices, which led to a sharp increase in imports.
Please read on...
Japan has experienced a trade deficit for two consecutive years, higher than the 12.816 trillion yen in 2014, creating the largest deficit; imports were 118.1573 trillion yen, an increase of 39.2% over the previous year, hitting a record high; as for exports, it increased by 18.2%. It reached 98.186 trillion yen.
Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel
Already added friends, thank you
Welcome to 【Free Finance】
Already liked it, thank you.