By Associated Press
TOKYO — Japan recorded a trade surplus of 17.3 billion yen ($159 million) in October, the first surplus in four months, as exports to the U.S. fell and oil prices slipped.
Exports to the U.S. dipped 11% in October, including autos and auto parts, marking the third straight month of declines. And imports from the U.S. fell 17%, such as agricultural products and gas fuels, the Finance Ministry said Wednesday.
Exports and imports to other regions, including Europe and China, also fell.
Overall, exports fell 9.2% last month from the same month the previous year, while imports declined 14.8%, according to the Finance Ministry’s preliminary report.
The tariff war between the U.S. and China has taken a toll across Asia, hurting manufacturers and supply chains.
A dispute between Japan and South Korea over high-tech exports has added to the uncertainty.