Japan's renewed trade surplus to be tested by falling exports to China

Uncertain U.S. economic outlook also hangs over recovery scenario

20230720N trade

A container terminal in Tokyo. Japan's exports to China fell in the first half of 2023. (Photo by Yo Inoue)

MASAYA KATO, Nikkei staff writer

TOKYO -- Japan achieved its first trade surplus in almost two years during June, thanks mainly to a decline in imports, but a drop in exports to China raises questions about the durability of this recovery.

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