Japan August exports +5.6% y/y (expected +10.0%) & imports +2.3% y/y (expected +16.6%)

Japan trade data for August 2024 … dreadful misses for both exports and imports.

The ‘adjusted’ trade balance (not shown in the screen shot above) is -0.6tln yen

• expected -0.96tln
• prior -0.76tln yen

Exports to:

• China +5.2% y/y
• the EU -8.1% y/y
• the US -0.7% y/y

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