February 25, 2009
Japan exports decrease
Story link: Japan exports decrease
When records began in 1980, Japan was one of the world leaders regarding exports and still is fairly significant within the export industry. Now though, the decline they are seeing thanks to a combination of the economic turn down and the currency crashes is not helping their cause one little bit.
Japan’s exports plunged 45.7% in January compared with a year ago to hit the lowest figure in 10 years, official figures have shown.
Imports exceeded exports by 952.6bn yen ($9.9bn; £6.8bn). It is the largest gap since records began in 1980.