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Japan's exports to China fall 3.5 per cent
Published in Saudi Press Agency on 21 - 10 - 2015

Japan's exports to China, the country's largest trading
partner, declined 3.5 per cent from a year earlier in September amid
concern about slowing growth in the world's second-largest economy,
the government said Wednesday, according to dpa.
Japan's shipments to China stood at 1.11 trillion yen (9.25 billion
dollars), while its overall exports edged up 0.6 per cent from a year
earlier to 6.41 trillion yen, the Finance Ministry said in a
preliminary report.
Exports to the United States jumped 10.4 per cent to 1.28 trillion
yen for the 13th straight month of year-on-year rises with shipments
of vehicles up 25.6 per cent.
The value of overall imports fell 11.1 per cent to 6.53 trillion yen
due to plunging energy prices, resulting in a trade deficit of 114.5
billion yen.
Japan's trade balance has been impacted by surging imports of fossil
fuels for power generation since its nuclear plants were taken
offline in the wake of the country's worst atomic disaster at
Fukushima Daiichi plant, triggered by the March 2011 earthquake and
tsunami.
Japan has restarted two of its 48 nuclear reactors since August.


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