Japan November exports +3.8% y/y (expected +2.8%) imports -3.8% y/y (expected +1.0%)

Japan trade balance data for November 2024

Slumping imports are generally taken to mean the economy is performing poorly. Japan’s economy is not giving a rock star like performance, but its on the improve.

Exports to

• the US -8% y/y
• the EU -12.5% y/y
• China +4.1% y/y
• Asia +8.9% y/y

This article was written by Eamonn Sheridan at www.forexlive.com.