Japan's Exports Drop Most Since 2009 as Sales to China Fall

  • Imports also declined as cheap oil and gas cut energy costs
  • Trade deficit was slightly narrower than median forecast

The value of overseas shipments declined 12.9 percent in January from a year earlier, the Ministry of Finance said.

Photographer: Yoshikazu Tsuno/AFP via Getty Images
Japan January Imports, Exports Worse Than Expected

Japan’s exports fell for a fourth consecutive month and dropped the most since 2009, underscoring continued weakness in an economy that contracted in the final months of 2015.

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