After South Korea and China, the process of readjustment of the global economy also severely affects Japan: because it draws on the trade balance a picture to say the least worrisome. In January, exports fell by 15.7% over the previous month and an impressive 45% compared with January 2008.
to weigh the more generalized decline in prices, 13.5% less in a year, and a decrease in external demand especially with regard to motor vehicles, whose exports have fallen by 66% in one year.
not much better because of imports, down 7.3% in December and about 30% compared to January 2008.
Again to weigh is above the collapse in oil prices and commodity prices by about 25% in one year.
see also:
Crolla freight traffic
Preparing for the big reverse
International Trade to peak for Italy
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