Reported about 14 hours ago
Japan's exports soared to a record high of 107.9 trillion yen ($691 billion) last year, marking a 44% decrease in the annual trade deficit to 5.3 trillion yen ($34 billion), according to the Finance Ministry. This trade deficit, which has persisted for four years, was less severe compared to 2023. Factors contributing to the trade deficit include rising energy costs and global inflation, despite strong demand for Japan's vehicles and machinery.
Source: YAHOO