Japan’s trade deficit in October nearly doubled on year to $6.7 billion, official data showed Wednesday, as shipments to Europe sank amid the global slowdown while a territorial spat with China also weighed.
The trade shortfall came to 549 billion yen, expanding from a year-earlier deficit of 283 billion yen as exports fell 6.5 percent. Shipments to China were off 11.6 percent.
Japan's October trade deficit nearly doubles to $6.7bn
