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Briefings on Japan’s Trade in January, 2019

According to the statistics from the Japanese customs, in January 2019, the import and export volume of Japanese goods reached US$ 115.32 billion, down 2.6% over the same period of the previous year (the same below). Among these, the exports were US$51.16 billion, down 6.8%; the imports were US$64.15 billion, up 1.1%. The trade deficit was US$12.99 billion, up 51.9%.

In January, the bilateral import and export volume of goods between Japan and China was US$25.66 billion, down 1.9%. Among these, Japan’s exports to China were US$8.79 billion, down 16.0%, accounting for 17.2% of Japan’s total exports, down 1.9 percentage points; Japan’s imports from China were US$16.87 billion, up 7.5%, accounting for 26.3% of Japan’s total imports, up 1.6 percentage points. The trade deficit between Japan and China was US$8.08 billion, up 54.5%.

By January, China is Japan's second largest export destination and the largest import source.

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