Japan trade deficit hits record high in 2013 | Bangkok Post: Most recent

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Japan trade deficit hits record high

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Japan's trade deficit swelled to a record $112 billion last year, official data showed Monday, as the country's post-Fukushima energy bills soared, outstripping a rise in shipments overseas. 

This picture taken on October 18, 2013, shows a cargo ship berthing alongside a container wharf in the port of Tokyo

The shortfall of 11.47 trillion yen marked the biggest deficit since comparable data started in 1979, according to the finance ministry, with the December deficit alone doubling from a year earlier.

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