Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Japan Exports Plunge

admin by admin
October 22, 2012
in Uncategorized
0
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

Econintersect:  Japan has suffered a catastrophic decline in exports in September 2012, down 10.3% breaking-news-130pxfrom weak numbers a year ago.  This was the fourth month in a row that exports had declined.  The decline was attributed to a slowdown in exports to Europe and the U.S. but the biggest factor was  in trade with China which has been negatively affected by the Chinese reaction to the purchase by the Japanese government of disputed islands (claimed by Japan, China and Taiwan).  The islands had been owned by a Japanese businessman.

The falling exports produced a trade deficit for Japan of $7.2 billion.  This was less than the trade deficit for August ($9.6 billion).  The trade deficit has also received a boost from increasing imports of fossil fuels after the Japanese government shut down most of the country’s nuclear reactors following the meltdown at Fukushima Dai-ichi last year.

A negative balance of trade has been a problem for Japan ever since the March 2011 mega quake and tsunami devastated the northeast part of the country.  As can be seen in the following graph from Trading Economics, 2011 and 2012 have seen larger trade deficits that were experienced during the worst part of The Great Recession.  Note: The number just announced for September does not appear on the chart.

Click on graph for larger image.

japan-balance-of-trade-2007-2012

The continuing accumulation of negative current account balances is feared may be enough to push the country back into recession.  The GDP year-over-year growth rate for the second quarter of 2012 was only 0.7%.  It will only take a nudge to make that negative in the thrid quarter.

John Lounsbury

Sources:

  • Japan posts a trade deficit as exports fall (BBC News, 21 October 2012)
  • Japan sees trade deficit in Sept on lower exports (Associated Press, Yahoo News, 22 October 2012)
  • Japan:  Export Collapse Continues (GEI News, 21 September 2012)
  • Japan Balance of Trade (Trading Economics, 19 September 2012)
  • Japan Feuds with Neighbors Over Islands (GEI News, 20 August 2012)
  • Japan GDP Growth Revised Lower (GEI News, 10 September 2012)

 

Previous Post

Australia Economy Slowing Down, Government Raising Taxes, Cutting Spending

Next Post

Where to Find Retirement Income

Related Posts

FTX, Bybit Surge In Web Traffic Despite General Traffic Plunge On CEXs
Economics

FTX, Bybit Surge In Web Traffic Despite General Traffic Plunge On CEXs

by John Wanguba
August 10, 2022
Riot Blockchain’s BTC Mining Productivity Lost 28% YOY Amid Record Texas Heat
Business

Riot Blockchain’s BTC Mining Productivity Lost 28% YOY Amid Record Texas Heat

by John Wanguba
August 8, 2022
Musk Challenged Twitter CEO To Public Debate On Bots
Business

Musk Challenged Twitter CEO To Public Debate On Bots

by John Wanguba
August 8, 2022
BlackRock Partners With Coinbase
Business

BlackRock Partners With Coinbase

by John Wanguba
August 7, 2022
Bank Of Thailand To Unleash Retail CBDC Pilot
Economics

Bank Of Thailand To Unleash Retail CBDC Pilot

by John Wanguba
August 6, 2022
Next Post

Where to Find Retirement Income

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins banking banks Binance Bitcoin Bitcoin adoption Bitcoin market Bitcoin mining blockchain BTC business China Coinbase crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum finance funding inflation investment market analysis markets Metaverse mining NFT NFTs nonfungible tokens nonfungible tokens (NFTs) price analysis regulation Russia social media technology Tesla the US Twitter

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • FTX, Bybit Surge In Web Traffic Despite General Traffic Plunge On CEXs
  • Riot Blockchain’s BTC Mining Productivity Lost 28% YOY Amid Record Texas Heat
  • Musk Challenged Twitter CEO To Public Debate On Bots

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish