World

Japan's trade deficit in Sept exceeds forecasts at $95 billion as exports falter

In this April 22, 2015 photo, a port worker walks by cargoes piled up at a container terminal in Tokyo. Japan's trade deficit narrowed in September to 114.5 billion yen ($955 million) but exports fell short of expectations as demand from China waned. The trade data released Wednesday, Oct. 21, 2015, showed exports rose only 0.6 percent from the year before to 6.42 trillion yen (53 billion) while imports fell 11 percent, to 6.53 trillion yen ($54 billion). (AP Photo/Shizuo Kambayashi)

In this April 22, 2015 photo, a port worker walks by cargoes piled up at a container terminal in Tokyo. Japan's trade deficit narrowed in September to 114.5 billion yen ($955 million) but exports fell short of expectations as demand from China waned. The trade data released Wednesday, Oct. 21, 2015, showed exports rose only 0.6 percent from the year before to 6.42 trillion yen (53 billion) while imports fell 11 percent, to 6.53 trillion yen ($54 billion). (AP Photo/Shizuo Kambayashi)  (The Associated Press)

Japan's trade deficit in September was a worse than forecast 114.48 trillion yen ($95 billion) as exports slowed, especially to China.

The trade data released Wednesday showed exports rose only 0.6 percent from the year before to 6.42 trillion yen (53 billion) while imports fell 11 percent, to 6.53 trillion yen ($54 billion).

Many economists had forecast that the trade balance would be in positive territory for the month.

Exports to China fell 3.5 percent from the year before, while exports to the U.S. jumped 10.4 percent.

Japan's trade balance has improved with the fall in prices of crude oil and other fuels. In September, imports of oil, gas and coal fell 36 percent from the year before.

The trade deficit in September of 2014 was 961.98 billion yen.