Japan's exports rise faster than expected, helped by weaker yen

  • Posted on December 18, 2024
  • By Business News Today
  • 2 Views
Japan's exports rise faster than expected, helped by weaker yen

Japan's November exports grew 3.8% year-on-year, exceeding predictions, driven by a weaker yen and robust demand for chipmaking equipment. However, export volume dipped, and concerns linger about U.S. protectionist trade policies. Imports fell 3.8%, resulting in a smaller-than-expected trade deficit. Businesses remain apprehensive about the future impact of Trump's policies.
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