Japanese products including cars, semiconductors and electronics are known around the world
Japan has announced its first annual trade deficit in more than 30 years, a setback for a country known for its exports including cars and electronics.
The deficit came in at 2.49 trillion yen ($32bn; £20bn) for 2011, the finance ministry said.
Japan's imports rose 12% and its exports fell 2.7%, compared to the previous year.
The decline in exports was attributed to the impact from the earthquake and tsunami on 11 March.
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Jan 24, 2012 ... Japan announces its first annual trade deficit in more than 30 years, a setback for a country known for its exports.
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Jan 25, 2012 ... From Yahoo! News: The devastating March tsunami and shift of manufacturing overseas plunged Japan's trade account into the red for the first ...
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Jan 24, 2012 ... Japan posts first annual trade deficit since 1980. Add Comment Have Your Say; Email StorySend to a Friend; Share ThisTell Your Friends ...
Japan posts first annual trade deficit in 31 years. By Miwa Suzuki (AFP) – Jan 24, 2012. TOKYO — Japan announced its first annual trade deficit for more than 30 ...
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