Japan’s July exports clock steepest plunge in over four years, dropping by a more than expected 2.6%
2025-08-20 09:33:33 source：CNBC
August 19, 2025
Japan’s exports plunged 2.6% in July from a year earlier, their steepest drop since February 2021, as shipments to its two largest markets — the United States and China — declined.
The fall was sharper than the 2.1% contraction forecast in a Reuters poll and compared with a 0.5% decline in June.
Imports to the world’s fourth-largest economy sank 7.5%, less than the 10.4% fall expected.
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