Japan exports at decade high due to demand for cars, electronics
Robert Besser
23 May 2021, 12:17 GMT+10
Japan s exports grew 38 percent in April, the highest growth recorded since 2010, fueled by a growing demand for cars and electronics, led by its key markets in the U.S. and China
The higher-than-expected increase raised hopes of the world s third-largest economy returning to a growth trajectory amid improving trade
The jump in exports was driven by U.S.-bound shipments of cars and car parts, and Chinese demand for chip-making equipment
TOKYO, Japan: Japan s exports grew 38 percent in April, the highest growth recorded since 2010, fueled by a growing demand for cars and electronics, led by its key markets in the U.S. and China.
Cars, electronics cause highest export growth in Japan in 10 years
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Japan s exports jump most since 2010 amid steady trade recovery
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Cars for export await shipment at Kawasaki port. Exports rose 38% in April from a year earlier, official data showed on Thursday, compared with a 30.9% increase expected by economists and following a 16.1% rise in March. | KYODO
Reuters May 20, 2021
Japan’s exports grew the most since 2010 in April while capital spending rose on surging global demand for cars and electronics, lifting hopes that an improvement in trade could help lead the world’s third-largest economy back to growth.