Economics

Japan’s Export Slump Drags on Even as Markets Reopen

A container ship sits moored at a shipping terminal in Yokohama on July 19.Photographer: Toru Hanai/Bloomberg
Lock
This article is for subscribers only.

Japanese exports fell by more than 20% for a third straight month even as key markets started to reopen from virus shutdowns.

The value of Japan’s overall shipments overseas slid 26.2% in June from a year earlier, led by steep declines in exports of cars and auto parts, the finance ministry reported Monday. Economists forecast a 24.7% fall.