Japan’s import volume saw month-to-month and year-over-year increases in April 2013, according to Japan’s Ministry of Finance. Import growth has been consistent for the past 6 months.
Japanese imports were valued at 6.659 trillion yen (about US$67.1 billion) in April 2013, up 9.5 percent over April 2012, when they were valued at $61.3 billion. April was the sixth straight month of year-over-year import growth in Japan, with April’s value having grown at an accelerated rate compared to that of March, which grew 5.6 percent. Import value also inched up 0.4 percent month-to-month from March, when it stood at $66.9 billion. In the first four months of 2013, imports were valued at $260 billion, 8.4 percent higher than they were during the same period in 2012.
Japanese exports experienced a second straight year-over-year increase in April, up roughly 4 percent to $58.2 billion. However, April’s export volume was down month-to-month from March by 8 percent, when the export value was $63.2 billion. Through April, exports were valued at $223.1 billion, 2 percent higher than they were during the same period in 2012.