Japan trade balance for January -323.9bn yen (expected Y -625bn)

 Japan trade balance for January Y -323.9bn

  • expected Y -625bn, prior Y +749bn

Trade balance adjusted Y 392.8bn

  • expected Y +497bn, prior Y +477bn

Exports +6.4% y/y  for a miss

  • expected +6.8% y/y, prior +2.0%

Imports -9.5% y/y

  • expected -5.5% y/y, prior -11.6%

Exports to:

  • China +37.5% y/y
  • Asia +19.4% y/y
  • the US -4.8% y/y
  • the EU -1.6% y/y