22 October 2001, 09:49 Japan's surplus with U.S. falls in wake of terror attacks
TOKYO, Oct. 22 (Kyodo) - Japan's trade surplus with the United
States in September fell for the first time in two months in the
wake of the Sept. 11 terrorist attacks on the U.S., according to a
preliminary report released Monday by the Finance Ministry.
The surplus with the U.S. decreased 9.6% from a year earlier to
682.9 billion yen, the report says.
"Various factors influence trade, so I cannot say for sure"
that the Sept. 11 attacks affected trade activities, a ministry
official said.
Both exports and imports, however, showed double-digit falls.
Exports fell 11.9% to 1,214.4 billion yen, the largest drop
since October 1999's 12.5% decline, while imports dropped 14.6% to
531.5 billion yen, the largest fall since February 2000's 21.1%
drop.
The official said the ministry will closely monitor
developments, such as impacts of the Sept. 11 attacks and slowing
global demand for information technology-related products.
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