Trade data from Japan for December 2023
Exports +9.8% y/y
- expected +9.1%, prior -0.2%
Imports -6.8% y/y
- expected -5.3%, prior -11.9%
Trade Balance 62.1bn yen
- expected -122.1bn, prior -780.4bn
The pick up in exports to China is encouraging news for Japan and China, it's the first rise in 13 months:
Exports to the US hit a record high.