09/03/2009 16:41
Japan's exports dropped
Japan's balance between a country's exports and imports recorded its largest deficit on record in January, reaching 172.8billion yen ($1.8billion), its first deficit in 13 years, BBC reports.
Japan’s exports halved in January, imports slumped by one thirds. Car exports alone dropped 66.1%, with semiconductor and electronic parts exports down 52.8%.
Japan's export-driven economy is really engulfed by waves of the global economic crisis, Japan’s finance ministry thinks.