Japan logs trade surplus of 1 billion USD in August

Source: Xinhua| 2017-09-20 09:29:00|Editor: Mengjie
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TOKYO, Sept. 20 (Xinhua) -- Japan logged a goods trade surplus of 113.6 billion yen (1.01 billion U.S. dollars) in August, the government said on Wednesday.

According to preliminary report by the Finance Ministry, Japan's exports rose 18.1 percent on year while its imports increased 15.2 percent from a year earlier on a customs-cleared basis.

Japan's trade surplus with the United States expanded to 534.70 billion yen (4.79 billion U.S. dollars) in the recording period, as exports increased 21.8 percent and imports rose 5.7 percent, the ministry said.

The Finance Ministry also said that Japan booked a trade deficit with China of 239.84 billion yen (2.14 billion U.S. dollars), with exports to its major trading partner soaring 25.8 percent and imports rising 11.0 percent.

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