Japan - exports fall in half

Started Mar 25, 2009 | Discussions thread
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freddyNZ Senior Member • Posts: 2,611
Japan - exports fall in half

Latest figures for February year on year 49.4% fall in exports.
Shipments to the USA down 58.4%, Europe 54.7%.

It seems that the higher the tech, the bigger the drop, Korea / Taiwan export collapse is pretty bad, but not at the same scale as Japan.

There's apparently some rebound in demand for raw materials, but also comment that this is probably in part due to bottoming out of inventory reduction started months ago.

Good luck - we all need it.

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