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Data by the Ministry of Finance (MOF) is likely to show Japan's exports will slow to a crawl year-on-year in March as global monetary tightening has taken its toll on overseas demand, denting hopes for an export-led recovery in Japan. On the other hand, imports probably continued to outpace exports, driven by a weak yen, resulting in a larger trade deficit than February.

Kenta maruyamaKazuo uedaMitsubishi ufjShinkin central bankMinistry of financeGovernor kazuo uedaCentral bank