Japan's Exports to China Hit Record High on Increase in Electronic Component Shipments
Xu Wei
DATE:  Jan 24 2018
/ SOURCE:  Yicai
Japan's Exports to China Hit Record High on Increase in Electronic Component Shipments Japan's Exports to China Hit Record High on Increase in Electronic Component Shipments

(Yicai Global) Jan. 24 -- Japanese exports to China hit a record high on an increase in shipments of semiconductor manufacturing equipment and electronic components pushed, per data Japan's Ministry of Finance published today.

China-bound exports from the island nation climbed 15.8 percent annually to JPY1.5 trillion (USD13.6 billion) last month, with growth down 9 percentage points from November.

Japanese exports rose 9.3 percent in December, the 13th consecutive month of increase. Japan's shipments to Asia jumped 9.9 percent to a record high of JPY4.1 trillion, expanding about half as quickly as they had in November.

Japan's imports rose 14.9 percent and it posted a trade surplus of JPY359 billion last month.

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Keywords:   Japan,EXPORTS