FILE - Cars for export are loaded onto a cargo ship at a port in Yokohama, on Nov. 2, 2021. Japan’s exports rose 7.8% in February, 2024, as shipments continued to expand in cars and electrical machinery, according to government data released Thursday, March 21, 2024.TOKYO — Japan’s exports rose 7.8% in February, as shipments continued to expand in cars and electrical machinery, according to government data released Thursday.
Exports in February totaled 8.2 trillion yen , marking the third straight month of growth, according to the Finance Ministry’s preliminary report.Blow for Germany as Neuer ruled out of Euro 2024 warmups with thigh injury, which counts statistically as exports, with recent data showing that it’s at levels even higher than the years before the COVID-19 pandemic. Japan restricted entrance into the country during the pandemic.
Exports have remained a relative strong point even as Japan’s economy slows, hitting a record high of just over 100 trillion yen in 2023. But energy import costs have ballooned since 2022 for resource-scant Japan, although that has gradually subsided.