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Record Exports in 2017 Shrink Japan Trade Deficit with China
[2018.04.24]

Japanese exports to China rose by 20.5% in 2017 to ¥14.9 trillion, marking the highest level since statistics were first recorded.

Japanese exports to China rose to ¥14.9 trillion in 2017, a 20.5% increase over the previous year, marking the highest total since statistics were first recorded in 1979.

Last year exports to China of manufacturing devices for items such as smartphone liquid-crystal displays rose significantly. However, imports of PCs and smartphones also increased so that overall Japan posted a ¥3.6 trillion deficit. The deficit was smaller than that of the previous year.

(Translated from Japanese. Banner photo: The entrance to the Ministry of Finance in April 2018.)

  • [2018.04.24]
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