Japan recorded a surplus in trading of almost $7.5 billion in April

The Japanese Finance Ministry said Monday that the world's third largest economy logged a goods trade surplus of 823.47 billion yen (around 7.48 billion U.S. dollars) on a customs-cleared basis for the third straight month of black trade balance.

Japanese Ambassador to Ghana Mr Kaoru Yoshimura
Japanese Ambassador to Ghana Mr Kaoru Yoshimura

The ministry said in a preliminary report that the sharp decline in imports values brought by the weakening crude oil prices contributed to the largest trade surplus since March 2010.

Hans-Dietrich Genscher (pics.: japantimes.co.jp)
Hans-Dietrich Genscher (pics.: japantimes.co.jp)

The imports in the reporting month decreased 23.3 percent to 5.07 trillion yen for the 16th straight monthly fall, while the value of exports was down 10.1 percent from a year earlier to 5.89 trillion yen for the seventh straight month of decline, according to the report. Endit

Source: Xinhua

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