Japan Export News Today

Japan's Defense Ministry is participating for the first time in the Singapore Airshow, one of the largest aviation exhibitions in Asia, in a bid to showcase products made by Japanese companies that are now available for export.

China became the world's biggest car exporter in 2023 for the first time, industry data showed, dethroning Japan with strong overseas sales of electric vehicles.

Today, President Serdar Berdimuhamedov has held a regular meeting of the Cabinet of Ministers via a digital system, at which priority issues of state life were discussed.

Japan posted a trade deficit of 930.48 billion yen ($6.3 billion) in August after the imposition of trade restrictions by China led to the biggest drop in food exports to the Asian neighbor in about 12 years, Finance Ministry data shows

The trade balance has become red, showing a deficit of 78.7 billion yen after a 43 billion yen surplus in the previous month

Japan posted a 43 billion yen ($300 million) trade surplus in June, returning to the black for the first time in nearly two years amid robust U.S.-bound exports and falling energy import costs, government data showed on Jul 20

Japan's current account surplus in May saw a nearly 2.5-fold increase from a year earlier to 1.86 trillion yen ($13 billion), helped by record investment returns for the month and a smaller trade deficit due to a sharp drop in energy imports, government data shows.

Japan would welcome the European Union's lifting of restrictions on food imports imposed after a 2011 nuclear accident triggered by a major earthquake and tsunami, a government spokesperson said on Friday.

Japan's agricultural, fishery and forestry product exports rose 14.3 percent in 2022 from a year earlier to a record 1.4 trillion yen ($10.9 billion), government data shows, due to the yen's weakness and overseas dining industries' recovery from the coronavirus pandemic.

Japan's exports of agricultural, forestry and fishery products and food products totaled 1,243.3 billion yen ($9.3 billion) for the 11 months through November, hitting an annual record with one month left, the farm ministry says.