- The 12.2% rise in exports was the fastest since December 2010, with the weak yen helping to boost sales of cars and electronics. Sales to the U.S. +18.4%, to China +9.5%, to the EU +16.6%.
- "The details are encouraging because you can see that exports to Japan's main markets are bouncing back," says economist Hiroaki Muto.
- The 19.6% jump in imports was the largest gain in three years, due to the weak yen and increasing oil prices.
- The trade deficit of ¥1.02T was the third-largest ever. "This is a pretty big deficit and a negative for Japanese companies that will suffer from rising costs," says Yoshiki Shinke of Dai-ichi Life Research.
- ETFs - Stocks: EWJ, NKY, EWV, EZJ, ITF, JSC, JPP, DXJ, SCJ, DFJ, FJP, JPNL, JPNS, DXJS. Bonds: JGBT, JGBL, JGBS, JGBD. Currency: FXY, JYN, YCL, YCS.
More on Japan's July trade data: Weak yen has big influence
Aug 19 2013, 04:56 ET