Economic news

Japan's exports accelerate by 16.2% in November

Japan's exports increased by 16.2% in November 2017 in annual terms, the Ministry of Finance reported. Imports grew by 17.2% compared to November 2016.

Exports from Japan increased for the 12th consecutive month. The growth pace of the indicator was the highest since August.

The high demand for products of Japanese companies abroad continues to support export volumes. The most significant in November was the increase in the supply of semiconductor equipment - almost 55%.

Exports from Japan to China, which is the largest trading partner of the country, increased by 25.1% last month compared to the same month a year ago. Exports to the U.S. grew by 13%, in the EU - by 13.3%.

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