Japan Resumed Its Trade Surplus After March.

According to the Japan economic news, the latest customs trade data released by the Ministry of Finance in July 21st showed that Japan resumed its trade surplus after March and the trade surplus of 70 billion 700 million yen in June.

Among them, Import volume 5 trillion and 710 billion yen, an increase of 9.8% over the same period, and exports of 5 trillion and 780 billion yen, although it still fell 1.6% compared with the same period last year, the decline was much smaller than that in May (-10.3%). Japan External Trade It is recovering from the impact of the great earthquake, but the recovery of various industries is quite different.

The main reason for Japan's recovery of trade surplus is the recovery of automobile production and exports. After the Japanese earthquake, car exports in April dropped by 67% compared with the same period last year, while the decline in June has narrowed to 12.5%. TOYOTA expects production to resume absolute growth in September. Due to positive factors such as overseas replenishment, cars will still be the main driving force for further recovery of Japanese exports. In addition, Japan Mechanical equipment Exports also recovered faster. General machinery exports grew by 11% in June and the 2 digit growth for the first time since February.

In contrast to automobiles and machinery, the export of electronic components and steel in Japan is still affected by the world economy. Due to the sluggish global computer market, exports of electronic components in Japan decreased by 17% in June, and the decline has not been narrowed since April. Meanwhile, due to the deterioration of the Asian market situation, Japan's steel production and exports also continued to slump.

In addition, due to the lack of electricity supply in the summer, the appreciation of the yen, and the occupation of international market share by Korean enterprises after the earthquake, there is still uncertainty about whether Japan's exports can continue to grow.