Japan Sees Imports and Exports of Rubber Products Drop Significantly Amid Pandemic

Japan’s exports of rubber products fell 23.2 percent year-on-year to 453.8 billion yen ($4.3 billion) over January–August, while imports were down 11.3 percent to 273.8 billion yen, according to trade figures published by the Ministry of Finance and compiled by the Japan Rubber Manufacturers Association (JRMA). The spread of COVID-19 had a significant impact on both fronts here. Exports showed…