日本对美出口连续3个月同比下降

Core Viewpoint - Japan's exports to the United States have been significantly impacted by U.S. tariff policies, particularly in the automotive sector, leading to a continuous decline in export figures for three consecutive months [1] Export Performance - In June, Japan's automotive exports to the U.S. decreased by 26.7% year-on-year, contributing to an overall decline in exports to the U.S. of 11.4%, amounting to 1.71 trillion yen (approximately 11.55 billion USD) [1] - Japan's total exports in June fell by 0.5% year-on-year to 9.16 trillion yen, marking the second consecutive month of decline [1] Trade Balance - For the first half of the year, Japan's total exports increased by 3.6% year-on-year, driven by growth in semiconductor manufacturing equipment, automobiles, and food exports [1] - Conversely, Japan's total imports rose by 1.3% year-on-year, influenced by increased imports of pharmaceuticals, communication equipment, and computers [1] - Japan's trade deficit expanded to 2.22 trillion yen in the first half of the year, while a trade surplus of 4.13 trillion yen was recorded with the U.S. [1] Impact of Tariffs - Automotive and automotive parts account for approximately one-third of Japan's exports to the U.S., and the 25% tariff on imported vehicles has had a substantial negative impact on these exports [1] - In response to U.S. tariff policies, Japanese automakers are compelled to lower prices or prioritize the export of lower-priced models, which is likely to squeeze profit margins for manufacturers [1]