Imports from Russia to Japan have risen sharply

Ministry of Finance of Japan: exports to Russia in April fell by 69.3%, imports increased by 67.3%.

Russian imports to Japan increased by 67.3 percent in April, the Japanese Ministry of Finance reported.

In absolute terms, the figure was 187.1 billion yen (1.45 billion dollars). This was facilitated by rising energy prices. Meanwhile, exports fell 69.3 percent in the same month to 23.77 billion yen ($184.2 million).

In general, April recorded a record monthly level of imports since 1979 — 8.92 trillion yen (69.1 billion dollars). Growth compared to the same period last year amounted to 28.2 percent. Exports were the second largest since 1979 at 8.76 trillion yen ($67.9 billion), up 12.5 percent.

To date, Japan’s foreign trade balance has been in the red – the deficit has reached 839 billion yen (6.5 billion dollars).