Japan's exports to China in 2012 down for 1st time in 3 yrs
Updated: 2013-02-20 09:18
(Xinhua)
|
||||||||
TOKYO - Japan External Trade Organization released a report Tuesday saying that Japan's total trade with China dropped 3.3 percent to $333.664 billion in 2012.
The Japanese government- related organization said Japan's exports to China fell 10.4 percent to $144.794 billion, marking the first drop since 2009, following Lehman's fall.
A serious decrease was seen in Japanese exports of general machines such as motors, construction and mining machines, steel and automobiles. In particular, automobiles exports drastically fell after September, as Japan and China relations deteriorating over islands dispute.
Japan's total exports with the world decreased 2.4 percent from the year earlier to $801.282 billion, a total decrease of $19.511 billion,the drop in exports to China became a major reason for Japan's decreased exports.
And the organization forecasted that Japan-China trade throughout 2013 is expected to see an increase after the decline in 2012, but the growth rate will likely remain modest.
Related Readings
Japan's trade deficit with China rises in 2012China, Japan need sound economic ties
China, Japan, S. Korea launch FTA talks
Japanese firms look to other markets
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |