Japan’s December Exports, Imports Hit Record High by Value as Supply Bottlenecks Ease

Japan’s December Exports, Imports Hit Record High by Value as Supply Bottlenecks Ease
Shipping containers are seen at a port in Tokyo, Japan, on March 22, 2017. Issei Kato/Reuters
Reuters
Updated:

TOKYO—Japan’s exports and imports in December hit record highs in terms of their value in yen, data showed on Thursday, as supply bottlenecks eased at the end of 2021 amid rising prices.

However, a persistent semiconductor shortage remained a headache for Japanese firms such as automaker Toyota, which slashed its near-term output target this week, in addition to uncertainties around the Omicron variant.