TOKYO, Aug 19 (Reuters) - Japan’s exports fell 19.2% in July from a year earlier, posting a fifth straight month of double-digit declines, Ministry of Finance data showed on Wednesday, highlighting the pain the coronavirus pandemic has inflicted on global demand.
The fall compared with economists’ median forecast for a 21.0% decrease in a Reuters poll. It followed a 26.2% fall in the previous month.
Imports fell 22.3% in the year to July, versus the median estimate for a 22.8% decrease.
As a result, the trade balance came to a surplus of 11.6 billion yen ($110.2 million), versus the median estimate of a 77.6 billion yen deficit.
For the poll story:
For the full tables:
here ($1 = 105.2300 yen) (Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)
Our Standards: The Thomson Reuters Trust Principles.