Japan: first trade deficit in 30 years - News - Dukascopy Bank

Wed, 25 Jan 2012 08:11:41 GMT
Source: BBC
 
© Scanpix/Reuters
Japan reported the first yearly trade deficit in 30 years. The trade deficit of the country for 2011 amounted 2.49 million Yen, with imports adding 12% and exports decreasing by 2.7%, according to finance ministry. Experts blamed recent earthquake and tsunami as many factories and supply chains were damaged.


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