Testimonials

RW Freight Services are an excellent freight forwarding company that always collect my shipments on time.

Spanish Export Freight
80656

On all the freight shipments that RW Freight Services have carried for me I have never had any problems.

Freight Shipments
29907

Everything went well when RW Freight services carried my import from China. I was regularly kept up to date on the progress of my shipment.

Import China Shipping
78348

More Testimonials

air freight Australia Brexit Canada cargo China container containers Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey U.S.A USA wine

Japan trade surplus with China

Tags: , ,


Japan has logged a surplus of 111.8 billion yen (S$1.4 billion) with China – its first in five years. Overall, Japan’s seasonally adjusted trade surplus stood at 680.3 billion yen. This is the highest since April 2010.

Analysts said that February’s 8.3 per cent growth in the volume of exports, and average export volume growth of around 4 per cent in January, was a positive sign for the export-reliant economy this quarter.

“Year-on-year exports to Asia were extremely strong, but those to the US and EU didn’t grow very much,” said a senior economist. “If exports as a whole are growing, it’s good for the economy, but if numbers for the US and EU are weak, I worry about its sustainability.”

Japan has been struggling to reverse a years-long deflationary period of falling prices and lacklustre growth. Falling oil prices have eased Japan’s trade balance, and exports are seen as a bright light for the world’s No. 3 economy.