Japan's exports rise 40.4% in April

TOKYO —

Japanese exports in April grew 40.4% from a year earlier on the back of robust demand in Asia, marking the 13th consecutive month of trade surplus, the Finance Ministry said Thursday.

Exports in April totaled 5,889 billion yen, up for the fifth straight month, but the rate of growth slowed from the previous month’s 43.5%, the ministry said in its preliminary report. Imports rose 24.2% to 5,147 billion yen, increasing for the fourth consecutive month. As a result, the trade surplus amounted to 742 billion yen.

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