Japan logs record 161.36 bln USD trade deficit for FY 2022

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Japan logs record 161.36 bln USD trade deficit for FY 2022

STORY: Japan logs record 161.36 bln USD trade deficit for FY 2022 DATELINE: April 20, 2023 LENGTH: 00:00:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of city views in Tokyo 2. various of port 3. various of factories in Japan STORYLINE: Japan posted a trade deficit of 21.73 trillion yen (161.36 billion U.S. dollars) in fiscal 2022 ending March, marking a new record, the government said in a report on Thursday. According to the Finance Ministry, the country's imports far outpaced exports from a year earlier, with imports leaping 32.2 percent compared to a 15.5 percent increase in exports. For March alone, the Finance Ministry said in its preliminary report that Japan logged a trade deficit of 754.5 billion yen (5.60 billion U.S. dollars). Xinhua News Agency correspondents reporting from Tokyo. (XHTV)

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