Japan posted a trade deficit of € 7.411 billion in November

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Tokyo, Dec 16 (EFE) .- Japan registered a trade deficit of 954,766 million yen (7,411 million euros) in November, which contrasts with the surplus of 325,910 million (2,530 million euros) a year ago, reported this Thursday the Government.

The trade deficit in the eleventh month of the year represents the fourth consecutive month in negative balance for the third world economy, according to data released today by the Ministry of Finance.

Exports advanced 20.5% year-on-year in November, to 7.36 trillion yen (57,871 million euros), while imports grew by 43.8% year-on-year, to 8.32 trillion yen (64,616 million of euros).

By countries, Japan registered with China, its largest trading partner, a deficit of 402,108 million yen (3,121 million euros), which is 22.1% more than the negative result recorded a year earlier.

With the world’s leading economy and its second trading partner, the United States, the Asian country had a surplus of 443,359 million yen (3,441 million euros), which is 23.9% less year-on-year.

With the European Union, its third trading partner, Japan registered a deficit of 232,163 million yen (1,802 million euros), 213.3% more than a year earlier.

With Brazil, the Asian country increased its deficit by 113.7% to 89,403 million yen (694 million euros), while the negative balance recorded with Chile, of 36,861 million yen (286 million euros), decreased by 31 , 9% year-on-year.

Japan registered a surplus with Mexico of 40,063 million yen (310 million euros), which is 15.4% more than a year earlier.

(c) EFE Agency

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