Japan's current account surplus drops 4.2% in H1 due to sluggish exports

Arirang News 2019-08-09

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日 상반기 무역흑자 87.4% 감소…한국•중국 수출 부진 영향 탓

Japan's current account surplus shrank in the first half of 2019 compared to a year earlier,... due to sluggish exports to Asian countries.... because of the trade tensions in the region.
According to a report from Japan's finance ministry,... the current account surplus from January to June was down four percent from the previous year... to a little under 99 billion U.S. dollars
Japan's trade surplus in goods dropped sharply... due to a fall in shipments of semiconductor manufacturing equipment and auto parts to South Korea and China.
Japan's exports fell by five percent and imports fell by one percent.

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