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2024

Japan's trade deficit for first half declines as exports recover

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TOKYO, Japan: Japan saw a significant improvement in its trade balance in June, marking its first monthly surplus in three months as exports showed signs of recovery.

According to data released by the Finance Ministry this week, the trade deficit for the first half of 2024 fell to 3.23 trillion yen (approximately US$21 billion), a reduction of over 50 percent compared to the same period last year.

The re