Arab Today, arab today kuwait\s trade surplus with japan narrows first time in 4 months
Last Updated : GMT 23:56:52
Arab Today, arab today
Arab Today, arab today

Kuwait\'s trade surplus with Japan narrows first time in 4 months

Arab Today, arab today

Arab Today, arab today Kuwait\'s trade surplus with Japan narrows first time in 4 months

Tokyo - KUNA

Kuwait\'s trade surplus with Japan narrowed 4.9 percent in August to JPY 93.4 billion (USD 949 million) from a year earlier, shrinking for the first time in four months, as imports grew, the Finance Ministry said Thursday. However, Kuwait maintained black ink with Japan for the 67th consecutive month, the ministry said in a preliminary report. Kuwaiti overall exports to Japan fell 4.0 percent to JPY 102.8 billion (USD 1.0 billion) for the first decline in two months, and imports from Japan gained 7.0 percent year-on-year to JPY 9.4 billion (USD 96 million), up for the fourth consecutive month. Middle East\'s trade surplus with Japan jumped 23.2 percent to JPY 1.129 trillion (USD 11.5 billion) last month, with Japan-bound exports from the region expanding 21.2 percent from a year earlier. Crude oil, refined products, liquefied natural gas (LNG) and other natural resources, which accounted for 98.0 percent of the region\'s total exports to Japan, soared 20.8 percent on the year. The region\'s overall imports from Japan went up 10.1 percent, mainly due to robust shipments of automobile and manufactured goods. The world\'s third-biggest economy registered a global deficit of JPY 960.3 billion (USD 9.8 billion) in August, marking the 14th straight month of shortfall, the longest stretch of red ink since 1979-1980, when the country had been hit by the second oil shock, as the growth of imports outpaced that of exports on the yen\'s drop. It was the biggest trade deficit for the month of August since comparable data became available in 1979. Overall exports grew 14.7 percent to JPY 5.784 trillion (USD 58.8 billion) on solid demand for vehicles. Imports increased 16.0 percent to JPY 6.744 trillion (USD 68.5 billion), as the weaker yen pushed up fossil fuel imports costs, which comprise more than one third of all imports. Japan\'s currency weakened about 25.4 percent from a year earlier in August, according to the ministry. Japanese utilities have boosted fuel imports for thermal power generation, as all the nation\'s 50 workable nuclear reactors are currently offline in the wake of the radiation accident in March 2011 at the Fukushima Daiichi nuclear power plant, which was triggered by the massive earthquake and tsunami. Exports to China, Japan\'s biggest trading partner, rose 15.8 percent, and imports from the country grew 17.6 percent, despite a territorial dispute between Tokyo and Beijing. The trade data are measured on a customs-cleared basis before adjustment for seasonal factors.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait\s trade surplus with japan narrows first time in 4 months Arab Today, arab today kuwait\s trade surplus with japan narrows first time in 4 months

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday