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The Ministry of Finance released its trade data for Japan on the late Sunday evening. Japan's trade surplus rose to ¥824 billion in April from ¥755 billion in March. Analysts had expected a surplus of ¥492.8 billion.
Exports fell 10.1% year-on-year in April, while imports dropped 23.3%.
Exports to Asia declined by 11.1% year-on-year in April, exports to the United States decreased by 11.8%, while exports to the European Union climbed by 9.9%.
Imports from Asia plunged by 19.2% year-on-year in April, imports from the United States slid by 18.1%, while imports from the European Union declined by 8.4%.
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