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Japan June exports slump 26.2% year/year - MOF

Credit: REUTERS/TORU HANAI

Japan's exports plunged 26.2% in June from a year earlier, Ministry of Finance (MOF) data showed on Monday.

TOKYO, July 20 (Reuters) - Japan's exports plunged 26.2% in June from a year earlier, Ministry of Finance (MOF) data showed on Monday.

The fall compared with a 24.9% decline expected by economists in a Reuters poll. It followed a 28.3% fall in May, which was the biggest annual decline since September 2009.

Imports fell 14.4% in the year to June, versus the median estimate for a 16.8% decrease.

The trade balance came to a deficit of 268.8 billion yen ($2.51 billion), versus the median estimate for a 35.8 billion yen shortfall.

To view full tables, go to the MOF website:

http://www.customs.go.jp/toukei/info/index_e.htm

($1 = 107.0600 yen)

(Reporting by Tetsushi Kajimoto Editing by Chang-Ran Kim)

((tetsushi.kajimoto@thomsonreuters.com; +81-3-4563-2731))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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