Japan exports fall for fifth straight month

City A.M. Reporter
Japan’s exports fell for a fifth consecutive month in October, hurt by weak global demand.

Overall, exports fell 6.5 per cent in October from a year earlier.

Shipments to China, Japan’s top export market, dropped by an annual 11.6 per cent last month following a 14.6 per cent fall in September, as a territorial dispute led to a consumer boycott of Japanese goods.

Exports to the EU fell 20.1 per cent annually in October, down for the 13th straight month, while exports to the US rose by an annual 3.1 per cent over the month.