Moji Customs reported that February’s trade figures for the Kyushu economic zone reached a record high for the month, with exports increasing by 17% year-over-year to 937 billion yen, resulting in the highest February exports since 1979. Imports slightly grew by 1% to 850.2 billion yen. The trade surplus was 86.8 billion yen, marking a return to a trade surplus after two months. The continuous growth in exports was driven by significant increases in automobiles, especially to the U.S. and China, and electronic components like semiconductors, while imports increased mainly due to higher crude oil and copper ore imports. Source: Moji Customs
Stay informed with the latest Fukuoka & Kyushu news and events in English. Sign up for our free weekly newsletter today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with The Now
Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using this form.