Japan’s international trade fell for a third consecutive month in February with a 3.9% year over year decline. That was led by a 6.7% slump in imports driven by lower shipments of raw materials, chemicals and fuel. The electronics industry has struggled too with semiconductor imports down 6.0% while exports of the same dropped 10.7%. That’s a trend that has been seen in China and South Korea too. When data for Japan is added to other countries that have reported data for February there’s likely been a 5.6% slide in total exports across Asia. Japan’s trade with the U.S. has improved, t...
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