Trade data from Japan for December 2022.
Trade balance Y -1.44bn
- expected Y-1.65bn, prior Y-2.03bn
- for the year as a whole, the trade deficit is the highest ever at 19.97tln yen
Exports +11.5% y/y
- expected +10.1%, prior +20.0%
- this is the 22nd consecutive monthly gain
Imports +20.6% y/y
more to come
Exports to:
- the US +16.9% y/y
- China -6.2% y/y
- Asia +4.1% y/y