Ministry of Finance Japan Announced Import and Export Volume of Steel Bolts in September

2012-11-27

The controversy over the Diaoyu Islands has triggered waves of China's anti-Japan sentiment and damaged Japan's automobile industry. Leading automobile companies announced the September production performance a few days ago. The result shows a reduction of production rates in Japan and China. Electronic makers also reduced its sales due to the sentiment. According to the trade statistics announced by  Ministry of Finance Japan on October 30th, the total sum of bolt export towards China declined 11.5% as compared to previous October. Even if the export to America, Thailand and Indonesia has increased, if we look at the overall condition, the exprot still shrinked by 23992140,000 yen (0.7%) On the other hand, improt increased 23992140,000 yen (8%).