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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan racks up trade deficit although exports gradually rebound

Copyright 2020 The Associated Press. All rights reserved.

Japan racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered, according to government data released Thursday.

Japan’s trade deficit totaled 432.4 billion yen ($3.2 billion) in April, as exports gained 2.6% and imports fell 2.3%, the Finance Ministry said.

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