Japan's Asia import rises
Japan's Asia import rises
TOKYO (AFP): Japan's imports from Asia rose in February for
the first time in 14 months, the finance ministry said Thursday,
offering a glimmer of recovery in the crisis-struck region.
Japan's trade surplus with its Asian neighbors fell 57.3
percent to 208.8 billion yen (US$1.8 billion) in the month.
Exports slid 18.0 percent to 1,196.9 billion yen but imports
staged a cautious recovery, moving up 1.8 percent to 988.2
billion yen.
Japan's imports from China were behind the recovery in
imports, rising a strong 19.2 percent in the month to 351.0
billion yen, expanding Japan's trade deficit with China by 65.1
percent to 175.9 billion yen.
Tokyo also ran a deficit in the month with Indonesia and
Vietnam.
Japan's overall trade surplus slid 26.9 percent in February to
934.2 billion yen, driven by a heavy fall in politically-
sensitive steel exports and a rise in aircraft orders.