Foreign relations of Japan

This year marks the 120th anniversary of diplomatic relations between Japan and Greece.

Exports recovered in February while imports remained stable, taking the current account deficit lower, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.

Exports grew 14.6 percent year-on-year to 2.41 billion euros, while imports posted a marginal decline of 0.8 percent, cutting the deficit by 16.6 percent.

Collaborations between Japanese and Turkish firms in third countries, especially in Africa, could bring success, since the two countries complement each other, a Japan Bank for International Cooperation (JBIC) senior official said on Feb. 20.

Greek exports registered a historic record last year, amounting to 28.83 billion euros (including fuel), which signified a 13.2 percent rise from 2016, the revised Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. It was the first year since 2012 that exports had recorded a rise.

China has reported strong growth in both exports and imports in November in a reassuring sign for the world’s second-biggest economy.

Japan's October trade surplus shrank 40.7 percent from a year earlier as growth in exports were eclipsed by higher costs of importing crude oil and petroleum products, the government said on Nov. 20

Germany's trade surplus grew in June, official figures showed on Aug. 8, while sabre rattling continues in Washington and Brussels over possible U.S. protectionist moves.

Turkey's foreign trade deficit has narrowed in June year-on-year, the Turkish Statistical Institute (TÜİK) said on July 31.

"In June 2017, the foreign trade deficit was 6.01 billion dollars with a 9.1 percent decrease compared to June 2016," TÜİK stated.

Greek exports posted an impressive increase in May, growing 25.3 percent compared to May 2016 to reach 2.56 billion euros including fuel products and ship values.

Turkey's foreign trade deficit rose to 4.95 billion in April with a 16.7 percent year-on-year increase, official data showed on May 31. 

While the country's imports surged 9.9 percent year-on-year to $17.7 billion, exports rose 7.4 percent to $12.8 billion, according to data from the Turkish Statistics Institute (TÜİK).