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TOKYO Ugg boots, April 23 (UPI) -- Japan's trade balance recorded its first deficit in 28 years in the fiscal year ending March 31, the Finance Ministry said.
The trade balance came in with a $7.3 billion gap www.deutschlanduggstiefel.com, as exports dropped 16.4 percent and imports fell far less ugg boots america, dropping 4.1 percent.
Neither exports nor imports had fallen in the past seven years, Kyodo news agency reported Thursday.
Vehicle exports to Europe and the United States declined, as did the export of electronics equipment to other Asian countries. Imports of coal and liquefied natural gas grew ugg berlin, while imports of crude oil dropped 0.4 percent in the year that included average oil prices of $92.60 per barrel.
"The Japanese people www.cheapbootssalestore.com, lawmakers and government must take the results seriously Ugg españa," Finance Minister Kaoru Yosano said.
During the year www.botastiendas.com, Japan's surplus with the United States dropped 43 percent ugg tiendas, with exports falling 27.2 percent and imports dropping 11.5 percent.
Japan's surplus in trades to Europe also dropped Ugg deutschland, falling 39.7 percent on a 23 percent drop in exports and a 12.3 percent drop in imports.Related articles：


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