Japan's February trade surplus rose by 818.8%

Source: Internet
Author: User
Keywords Japan yen surplus
Tags data exports finance
Japan's trade surplus of 651 billion trillion yen (1 U.S. dollars is about 90 yen) rose by 818.8% in February this year, driven by a sharp increase in exports of goods such as automobiles and auto parts, the Finance ministry reported 24th. According to the data, Japan's exports in February amounted to 5.1287 trillion yen, a 45.3% increase over the same period last year, an increase of 3 months in a row, a 4.4777 trillion yen increase of 29.5%, a year-on-year increase of two consecutive months, and a continuous trade surplus of Japan for 11 months.  And a two-month surplus has widened. Japan's trade surplus with the rest of Asia increased 6 months in a row, to 812.9 billion yen and an increase of 120.3%.  Among them, exports increased 4 consecutive months, the increase was 55.7%, and the import volume increased by two consecutive months, an increase of 38.9%. The report shows that in February this year, the export of auto and spare parts to Europe and America and the export of automobiles and semiconductors in Asia led to a year-on-year increase of 105% in Japanese automobile exports, an increase of 121.7% in auto parts exports and an increase of 69.1% in the output of semiconductors and other electronic components. became the main reason for the large increase in the current month's trade surplus.
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