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Japan books trade deficit of 6.3 bln USD in August

TOKYO
2023-09-20 09:45

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TOKYO, Sept. 20 (Xinhua) -- Japan booked a trade deficit in August amid drops in both exports and imports, the government said in a report on Wednesday.

According to the Finance Ministry, the country's trade deficit stood at 930.5 billion yen (6.3 billion U.S. dollars) in the recording period, as exports continued to shrink, falling by 0.8 percent to 7.99 trillion yen.

Meanwhile, imports declined for the fifth consecutive month to 8.92 trillion yen, down 17.8 percent year on year, the ministry's preliminary data showed. (1 Japanese yen equals 0.0068 U.S. dollars)
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