Japan’s exports rose for the first time in five months as shipments of chips and electronic parts advanced, while goods destined for the United States continued to decline amid U.S. President Donald Trump’s tariffs.
Exports gained 4.2% in September from a year earlier, with mineral fuel shipments also contributing to the increase, the Finance Ministry reported Wednesday. Economists had forecast a 4.4% increase. Shipments to the U.S. declined 13.3%, marking the sixth straight decrease.
Overall, Japan’s trade balance was in the red on an unadjusted basis, with a ¥234.6 billion ($1.5 billion) deficit. Imports rose 3.3%, compared with the consensus estimate of a 0.6% gain.
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