NHK reported on July 17 that the Japanese Ministry of Finance released June's trade statistics for Japan. The results showed that Japan's exports to the United States fell by 11.4% year-on-year in June, marking the third consecutive month of decline.
Among them, Japan's exports of cars to the United States fell by 26.7%. The "Nikkei" commented that the tariff policy of Trump had a significant impact on this.
In addition, Japan's exports to China in June fell by 4.7%, reaching 1.5513 trillion yen (approximately 75 billion RMB), with declines in the export of non-ferrous metals, semiconductor manufacturing equipment, and cars. Japan's exports to the EU increased by 3.6% in June, reaching 824.1 billion yen (approximately 39.8 billion RMB), with an increase in car exports.
Additionally, the trade statistics for Japan from January to June this year also showed that Japan's trade deficit (exports minus imports) for the first half of the year was 2.2158 trillion yen (approximately 107.1 billion RMB), but the amount narrowed by 34.2% compared to the same period last year.
Japan's total exports for the first half of the year increased by 3.6% compared to the same period last year, reaching 53.3621 trillion yen (approximately 2.58 trillion RMB), mainly driven by exports of semiconductor manufacturing equipment to Taiwan and car exports to the United States. Imports increased by 1.3%, reaching 55.5779 trillion yen (approximately 2.69 trillion RMB).
Japanese trade balance calculated on a half-year basis NHK
Additionally, Japan's trade balance for June recorded a surplus of 153.1 billion yen (approximately 7.4 billion RMB), the first time in three months.
Japanese trade balance calculated on a monthly basis NHK
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