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According to the median of a Reuters poll of 15 economists, the Japanese exports for the month of January are likely to fall and hit 2-year lows, as the looming uncertainty around the US-China trade talks bite into the demand for Japanese electronics, car parts, and heavy equipment.

Key Findings:

“Exports in January fell 5.5 percent from the same period a year ago. That would mark the fastest decline since exports fell 10.3 percent in October 2016.

Japan’s imports fell 2.8 percent in January, according to the poll, which would mark a reversal from a 1.9 percent annual expansion in December.

The trade deficit is expected to widen to 1.01 trillion yen (7.15 billion pounds) from 55.3 billion yen in the previous month.”

The Japanese Finance Ministry will release trade data at 2350 GMT on Feb. 19th.