Japan remains mired in slump as exports and imports tumble in August; car exports fall by halfSeptember 24th, 2009 Japan mired in slump as exports, imports tumbleTOKYO — Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing the world's No. 2 economy remains mired in a deep slump.
Japan logs trade surplus in August, exports shrinkSeptember 24th, 2009 TOKYO - Japan posted a trade surplus for the seventh straight month in August, compared to a deficit in the same month the previous year, the finance ministry said Thursday. The surplus was 185.7 billion yen ($2.04 billion) against a deficit of 314.2 billion yen the year before, suggesting a positive trend for Japan's export-led economy.
China's industrial output up 12.3 percent in AugustSeptember 11th, 2009 BEIJING - China's industrial output accelerated 12.3 percent in August from a year earlier, after gaining 10.8 percent in July, the National Bureau of Statistics said Friday. The August growth rate was 0.5 percentage points lower than the growth figure for the like month last year, but 1.5 percentage points up from July.
Summary Box: Improving economy lifts imports, exports and trade deficitSeptember 10th, 2009 Summary Box: Improving economy ups trade deficitWHAT HAPPENED?: The trade deficit rose to $32 billion in July, the highest in six months. Imports jumped 4.7 percent, the largest monthly increase on records dating from 1992.
Japan's current account surplus down 19.4 percent in July; auto and steel exports plungeSeptember 8th, 2009 Japan's current account surplus down 19.4 percentTOKYO — Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the finance ministry said Tuesday. The current account surplus, Japan's broadest measure of trade with the rest of the world, was 1.27 trillion yen ($13.6 billion), the first year-on-year fall in two months, the ministry said.
State news agency says China's June exports fell 21.4 percent from a year earlierJuly 10th, 2009 China's June exports down 21.4 percentBEIJING — China's exports and imports fell again in June but declines were less severe than in May, data showed Friday, adding to signs the world's third-largest economy is recovering from its slump. Exports fell 21.4 percent in June from a year earlier, the government's Xinhua News Agency reported, citing the Chinese customs agency.
South Korea's June trade surplus hits record as export decline slowsJuly 1st, 2009 South Korea's June trade surplus hits recordSEOUL, South Korea — South Korea's trade surplus hit a record high in June as a decline in exports caused by the global economic slowdown eased and imports fell, government data showed Wednesday. South Korea had a trade surplus of $7.4 billion in June, the Ministry of Knowledge Economy said in a release.
China suffers record export drop in May as global slump batters trade; imports also plungeJune 11th, 2009 China's May exports plunge by record 26.4 percentBEIJING — China's exports fell by a record margin in May as the global slump battered trade, while imports also fell sharply, data showed Thursday. May exports tumbled 26.4 percent from a year earlier, exceeding February's previous record drop of 25.7 percent, the Chinese customs agency reported.
German exports plunge in April amid global economic slumpJune 9th, 2009 German exports plungeBERLIN — Germany, Europe's largest economy, saw its exports plunge nearly 30 percent in April as the global economic crisis continued to hurt demand for its products, the Federal Statistical Office reported Tuesday. The country saw exports drop to euro63.8 billion ($88.47 billion) in April, compared with euro89.5 billion in the same month the previous year — a drop of 28.7 percent.
China's exports sink 22.6 percent in April, sixth straight monthly declineMay 12th, 2009 China's exports sink 22.6 percent in AprilSHANGHAI — China's exports plunged 22.6 percent in April from the year before in the sixth straight monthly decline, the government said Tuesday, while a torrent in bank lending meant to ward off the economic downturn pushed up spending on factories, real estate and other fixed assets. April's decline in exports, to $91.9 billion, was bigger than the 17 percent drop in March and suggests China's trade sector has yet to see much relief from the prolonged drought in demand brought on by the global downturn.
China's foreign trade down sixth month in a rowMay 12th, 2009 BEIJING - China's exports and imports shrank for the sixth month in a row in April, the General Administration of Customs said Tuesday. Exports fell 22.6 percent in April from the same period a year ago to $91.94 billion.
Mixed signals: China's exports sink 22.6 percent but factory investment climbs 30.5 pctMay 12th, 2009 China's exports sink, but factory investment risesSHANGHAI — China's exports slumped for the sixth straight month amid warnings that weak overseas demand was hindering a recovery, even as government spending helped boost factory investment. The 22.6 percent drop in exports in April from a year earlier, to $91.9 billion, was bigger than March's 17 percent drop and larger than forecasts.
South Korea's April trade surplus hits record on import decline; export drop easingMay 1st, 2009 South Korea's April trade surplus hits recordSEOUL, South Korea — South Korea's trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and as declines in exports eased, the government said Friday. South Korea had a trade surplus of $6.02 billion in April, the Ministry of Knowledge Economy said in a release.
Japan posts trade deficit for past year, the first in nearly three decadesApril 22nd, 2009 Japan posts first annual trade deficit in 28 yearsTOKYO — Japan reported Wednesday its first annual trade deficit in 28 years. The deficit for the fiscal year that ended in March was 725.3 billion yen ($7.35 billion), the Finance Ministry said.
Chinese exports fallMarch 11th, 2009 BEIJING - China's exports fell 25.7 percent year-on-year in February, the fourth straight monthly decline, as global demand shrank, the General Administration of Customs said Wednesday. The exports contracted to $64.90 billion while imports slumped 24.1 percent to $60.05 billion.
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