At the same time, exports are shrinking.
While its total exports shrink, Japan's domestic consumption is rising at an annual rate of 10 percent and its economy is growing strongly.
Canadian exports shrank by 50% from 1929 to 1933.
Japan's production and exports of consumer electronics products are shrinking rapidly, a trade association reported Friday.
Japan's exports in March to the United States shrank 1.3 percent from a year earlier to $8.22 billion.
Japan's production and exports of consumer electronics products are shrinking rapidly.
But now the exports are shrinking, and that fact may endanger the economic recovery.
Industrial powers watched their exports shrink as quality and innovation were throttled by vast central bureaucracies.
Its imports are indeed growing and its exports shrinking.
At the same time, Japan's exports are shrinking and its once-vaunted trade surplus is melting like butter.