Japan’s exports rose 12.1% in December – - down 33% in 2009; China overtakes US as biggest customer

by admin on January 28, 2010

Japan’s exports rose 12.1 per cent in December compared with the same month in 20098, while imports fell 5.5  per cent, according to the Ministry of Finance in Tokyo today, signalling that export demand from Asia, is boosting the economic recovery. China surpassed the US as Japan’s largest export market for the first time on an annual basis, the report showed. Exports fell 33.1 per cent in 2009.

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