Tachinoura Container Terminal in Western Japan
Shoei Utsuda, chairman of the Japan Foreign Trade Council, predicted at a press conference on Wednesday that Japan’s overall exports will post a “fairly big” decline in April. Utsuda is also chairman of trading giant Mitsui & Co.
Many analysts agree with Utsuda and say that Japan could even incur a deficit in its trade with the rest of the world for the first time in three months in April.
