TOKYO, July 20 (Xinhua) — Japan logged a commerce deficit of 6.96 trillion yen (49.9 billion U.S. {dollars}) within the first half of the 12 months, the federal government mentioned in a report on Thursday.
The deficit narrowed by 12.9 % from the identical interval final 12 months when it ballooned to the most important ever for the interval, in response to the Finance Ministry.
In the primary six months, the nation’s imports edged up 0.7 %, whereas exports gained 3.1 %, the preliminary report confirmed.
Thursday’s information additionally confirmed that Japan posted a 43 billion yen (300 million U.S. {dollars}) commerce surplus in June, returning to the black for the primary time since July 2021.