BUSINESS / Economy

Japan logs goods trade surplus for fourth consecutive half

The chemical tanker Torm Cecilie sails past a port in Yokohama. Japan's September trade surplus expanded nearly 40 percent from a year earlier as exports of cars and chemical products surged on brisk demand. | BLOOMBERG

Kyodo

Oct 19, 2017

Japan chalked up a goods trade surplus of ¥1.92 trillion ($17 billion) in the fiscal first half amid robust exports to Asia and the United States, but was squeezed by rising energy imports, government data showed Thursday.

The surplus for the April-September period, the nation's fourth in a row, fell 20.3 percent on year but came as exports grew 12.8 percent — the fastest pace since 2010 — to ¥38.37 trillion, the Finance Ministry said in a preliminary report.

Imports meanwhile surged 15.3 percent to ¥36.45 trillion, the report said..

Japan logs goods trade surplus for fourth consecutive half

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