標題: Japan's exports jump most in decade as trade-led recovery perks up [打印本頁] 作者: geemong 時間: 2021-5-20 17:01 標題: Japan's exports jump most in decade as trade-led recovery perks up
Japan's exports jump most in decade as trade-led
recovery perks up
Japan's exports grew slotxo download the most since 2010 in April, supported by
a favourable comparison with the sharp plunge seen during the pandemic last year,
while capital spending also rose, firming up expectations of a trade-led recovery.
Also supporting the outlook, Japanese manufacturers' confidence hit a more than
two-year high in May on the back of solid overseas demand, a Reuters survey
showed on Thursday.
Improving exports were bolstered by the comparison with a year ago when a slump
in global trade due to global coronavirus lockdowns dealt a heavy blow to the world's
third-largest economy.
Global demand for cars and electronics have picked up since last year, driven by
a recovery in the U.S. and Chinese economies - Japan's key markets - although
global chip shortages put a drag on overseas shipments in recent months.
Data out on Thursday showed exports rose 38.0per cent in April from a year earlier,
compared with a 30.9per cent increase expected by economists and following
a 16.1per cent rise in March, the fastest gain since April 2010.
"The trade data confirmed that exports were recovering steadily. Particularly car
exports, which fell a lot last year, are picking up," said Yuichi Kodama,
chief economist at Meiji Yasuda Research Institute.
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