Economic Indicators

Japan May exports jump 15.8% year/year -MOF

2022.06.16 03:50

Japan May exports jump 15.8% year/year -MOF
FILE PHOTO: Shipping containers are seen at a port in Tokyo, Japan, March 22, 2017. REUTERS/Issei Kato

TOKYO (Reuters) – Japan’s exports rose 15.8% in May from a year earlier, Ministry of Finance (MOF) data showed on Thursday.

That compared to a 16.4% increase expected by economists in a Reuters poll.

May imports surged 48.9% year-on-year, versus the median estimate for a 43.6% increase.

The trade balance came to a deficit of 2.385 trillion yen ($17.78 billion), versus a median estimate of 2.023 trillion yen.

(This story corrects month to May, not March, in third paragraph)

To view full tables, go to the MOF website at: http://www.customs.go.jp/toukei/info/index_e.htm

($1 = 134.1400 yen)

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