Japan’s exports in July fell by 19.2 percent from a year ago, as the coronavirus pandemic continues to slam the world’s third largest economy. The Finance Ministry’s provisional numbers showed Japan’s imports in July fell by 22.3 percent. Exports to China logged an 8.2 percent increase thanks to demand for nonferrous metals, semiconductor machinery and motor vehicles, NHK reports. Japan’s exports in June plunged by 26.2 percent. Imports fell by 14.4 percent in the year to June.

Source: The Standard August 19, 2020 06:33 UTC