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Japan's trade surplus rises 20.4 percent in February.

Europe Intelligence Wire

| March 24, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Agence France Presse)

Japan's trade surplus in February rose 20.4 percent from a year earlier led by growth in exports of semiconductors and audio-visual components, the finance ministry said.

The surplus expanded to 936.2 billion yen (7.7 billion dollars), growing again after declining for the first time in 11 months in January.

Exports increased for the 11th straight month in February, by 7.6 percent to 4.33 trillion yen, while imports gained for the sixth consecutive month, up 4.5 percent at 3.39 billion yen.

"Exports to all countries advanced due mainly to audio-visual related parts, which rose 63.1 percent," said a ministry …

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