Economy World

Japan reports first trade deficit in 31 years

Japanese export reduced in April, 2011 by the sharpest rates for 18 months that has led to the deficit of the foreign trade balance first in 31 years. The export volume fell to 12,5 % in annual calculation – to 5,155 trillion yens ($62,8 billion) corresponds to market expectations last month, by estimations The Wall Street Journal.




April, Japanese import has grown in annual calculation 8,9 % – to 5,619 trillion yens ($68,6 billion).Deficit of trading balance has made 463,69 billion yens ($5,65 billion) in comparison with positive balance at level 729,2 trillion yens ($8,9 billion) in April of last year .





The economists interrogated Bloomberg, expected deficiency at level 703,7 billion yens, however lifting of import has appeared less than forecast.







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