Japan's exports hit record high, but trade deficit continues
Business
TOKYO Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the Finance Ministry reported on Thursday. The trade deficit totaled 5.3 trillion yen ($34 billion) as imports ballooned on the back of rising energy costs and growing inflation around the world. Exports from the world’s third-largest economy totaled 107.9 trillion yen, surpassing the 100 trillion yen mark for the second-straight year, and the biggest value on record for comparable
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