Japan March exports rise 16.1% year/year

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TOKYO: Japan's exports jumped 16.1% in March from a year earlier, Ministry of Finance (MOF) data showed on Monday, as demand for goods recovered from low, pandemic-hit levels last year.

The reading compared with an 11.6% increase expected by economists in a Reuters poll. It followed a 4.5% drop in February.

Imports gained 5.7% in the year to March, versus the median estimate for a 4.7% increase and following a 11.8% rise in the previous month. The trade balance came to a surplus of 663.7 billion yen , versus the median estimate for a 490.0 billion yen surplus.- Reuters

 

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