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Japanese exports hit record in 2023 on weak yen

TOKYO -- Japan's exports increased for the third straight year in 2023, hitting a record high, according to preliminary figures released Wednesday by the Ministry of Finance, reflecting strong automobile shipments and the effects of the weak yen.

Total exports reached 100.88 trillion yen ($680 billion) last year, up 2.8% from 2022. Shipments of cars rose 32.7%, while those of construction and mining machinery grew 16.2%.

Read more on asia.nikkei.com