Trade
Japan Exports Rise More Than Expected in Support for Recovery
- Trade balance swings to a surplus as imports decline
- Concerns remain over both domestic and overseas demand
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Japan’s exports rose more than expected in September, supporting the nation’s moderate recovery from the pandemic.
The value of exports gained 4.3% from a year earlier, led by shipments of cars and medical supplies in the first overall rise in three months, the finance ministry reported Thursday. Economists had forecast a 3% increase. Imports fell 16.3%, dragged down by crude oil, liquid natural gas and coal.