Japan's exports grow on semiconductor equipment sales to China

Overseas shipments rose 7.3%, while imports fell 4.9% in March

20240415 A container terminal in Tokyo

A container terminal in Tokyo: Japan's total exports rose 7.3% on the year in March, reaching 9.46 trillion yen. (Photo by Hirofumi Yamamoto)

AKANE OKUTSU, Nikkei staff writer

TOKYO -- Japan's exports grew in value terms for the fourth consecutive month in March, official data showed Wednesday, with semiconductor manufacturing equipment driving growth in China-bound shipments.

The country's total exports reached 9.46 trillion yen ($61 billion), up 7.3% from a year earlier, according to preliminary figures released by the Ministry of Finance. Total imports came in at 9.1 trillion yen, down 4.9%, resulting in a trade surplus for the first time in three months.

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