TOKYO (dpa-AFX) – Japan’s exports rose in September for the first time since April, driven by exports of chips and electronic products. US tariffs continue to cause problems. Exports to the United States fell again significantly. However, the Japanese companies were able to compensate for this decline with significant increases in exports to China and the European Union. Overall, exports in September increased by 4.2 percent compared to the previous year to around 9.4 trillion yen (around 53 billion euros), as the Japanese Ministry of Finance announced on Wednesday in Tokyo. The increase was slightly smaller than economists surveyed by Bloomberg had expected. On the other hand, the increase in imports was significantly higher. Compared to the previous year, these increased by 3.3 percent to just over 9.6 trillion yen. That’s why the trade balance was surprisingly negative with a deficit of around 235 billion yen./zb/stk
