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Japan's exports accelerate in May, surplus with U.S. lowest since 2013

Jun. 18, 2018 1:45 PM ETEWJ, JEQ, JOF, DFJ, DXJ, FXY, JYNFF, EWV, SCJ, YCL, YCS, EZJ, DBJP, FJP, JPNL, DXJS, HEWJ, DXJF, JPMV, QJPN, JHDG, JPN, HFXJ, HJPX, JPXN, DEWJ, GSJY, JNMFBy: Gaurav Batavia, SA News Editor
  • Japan's exports rose 8.1% Y/Y in May at the fastest rate in four months amid increased shipments of cars, car parts, and semiconductor equipment, a sign that global demand is gaining strength.
  • Japan's exports to the United States rose 5.8% Y/Y in May, whereas imports from the United States rose 19.9% Y/Y as imports of U.S. aircraft and coal grew, resulting in trade surplus with the USA to $3.08B.
  • In terms of volume, which strips out the impact of currency moves, Japan's exports rose an annual 4.2% Y/Y in May, following 4.6% Y/Y increase in April.
  • Source: Investing.com
  • ETFs: DXJ, EWJ, FXY, YCS, DFJ, DBJP, JYN, JOF, JPNL, DXJS, HEWJ, JEQ, YCL, EWV, EZJ, SCJ, JPXN, DXJF, JPN, JHDG, JPMV, FJP, HJPX, QJPN, DEWJ, GSJY, HFXJ, DDJP

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