Arab Today, arab today kuwait\s trade surplus with japan narrows first time in 4 months
Last Updated : GMT 10:50:47
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.

arabstoday
arabstoday

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

 



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 Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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