Japan's trade deficit increased to a record ¥1.63T ($17.4B) in January from ¥641.5B in...

|By:, SA News Editor

Japan's trade deficit increased to a record ¥1.63T ($17.4B) in January from ¥641.5B in December, due to the sharply weaker yen and higher energy imports. However, exports climbed for the first time in eight months, growing 6.4% on year to ¥4.8T, with sales to China +3% for the first increase since May. Exports to the U.S. +10.9% but to the EU -4.5%. Imports +7.3% to ¥6.43T.