Japan's exports show slowing EU demand but signs of China recovery

November's total shipments fell 0.2% for the first decline in three months

20231219 Japan exports

A container terminal in Tokyo. Japan's exports fell 0.2% in November from a year earlier. (Photo by Konosuke Urata)

CHIHIRO ISHIKAWA, Nikkei staff writer

TOKYO -- Japanese exports declined year on year for the first time in three months in November, preliminary data released Wednesday by the Finance Ministry shows.

The latest trade statistics show exports for the month decreasing 0.2% to 8.81 trillion yen ($61 billion). Automobile exports increased 16.3% but those of steel dropped 11.6% while chip manufacturing equipment shipments tumbled 10.6%.

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