TOKYO, Oct 22 (NNN-NHK) – Japan’s exports to the United States fell sharply in the first half of fiscal 2025, as auto shipments were hit by U.S. tariff measures, government data showed, today.
According to data from the Ministry of Finance, exports to the U.S. between Apr and Sept declined 10.2 percent from a year earlier, to 9.7115 trillion yen (about 64 billion U.S. dollars).
Automobile exports tumbled 22.7 percent to 2.3890 trillion yen during the period, with export volumes decreasing 2.4 percent to 662,914 vehicles.
In the first half of fiscal 2025, Japan’s trade surplus with the U.S. shrank 22.6 percent to 3.3222 trillion yen.
Globally, Japan posted a trade deficit of 1.2238 trillion yen. Total exports edged up 0.2 percent to 53.6533 trillion yen, while imports fell 3.2 percent to 54.8771 trillion yen, mainly due to declines in crude oil, coal and liquefied natural gas purchases, the data showed.– NNN-NHK
