As noted, Japan’s robust trade balance has propped up its ponzi game until recently. It’s now in trouble, and it wouldn’t get better any time soon.
From Trading Economics:
Japan reported a trade deficit equivalent to 274 Million JPY in October of 2011. Exports have been the main engine of Japan's economic growth in the past six years. Japan imports raw materials and processes them into high technology products. Japan’s major exports are: consumer electronics, automobiles, semiconductors, optical fibers, optoelectronics, optical media, facsimile and copy machines. Its main trading partners are The United States, China and European Union. This page includes: Japan Balance of Trade chart, historical data and news.
http://www.tradingeconomics.com/japan/balance-of-trade
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment