( ) -q-24- UNDATED (Correspondent Jeremy House) “soaring energy costs.” Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered. [CutID: <Cuts> JAPAN-TRADE-DEFICIT-house-q-THUam.mp3 Time: 24s Title: JAPAN-TRADE-DEFICIT-house-q-THUam Out-cue: soaring energy costs] TAG: Correspondent Jeremy House […]
Audio
Japan racks up trade deficit although exports gradually rebound
( ) -q-24- UNDATED (Correspondent Jeremy House) “soaring energy costs.”
Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered.
[CutID: <Cuts> JAPAN-TRADE-DEFICIT-house-q-THUam.mp3
Time: 24s
Title: JAPAN-TRADE-DEFICIT-house-q-THUam
Out-cue: soaring energy costs]
TAG: Correspondent Jeremy House reporting. Japan imports almost all its energy needs. The weak yen also helped send imports higher.
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VERBATIM: Finance Ministry data show Japan’s trade deficit totaled 3.2 billion dollars, as exports gained 2.6% and imports fell 2.3%. Vehicle shipments recovered, along with the export of auto parts and electronics products, as the supply crunch related to social restrictions over the coronavirus pandemic eased. Imports fell as soaring energy costs.