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Economy

Japanese exports in April crash 21.9% to 10-year low

All major regions hurt as coronavirus slams auto industry

Japanese cars await shipment to North American markets, where demand remains weak.

TOKYO -- Japanese exports fell 21.9% in April, marking their biggest dive in over ten years as the new coronavirus weighed on economic activity, especially the auto industry.

Data released by the Ministry of Finance on Thursday revealed that Japan's exports fell to 5.2 trillion yen ($48 billion) from a year earlier -- the biggest decline since October 2009 after the Lehman shock.

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