The October Trade Statistics Flash Report released by the Ministry of Finance of Japan on November 18 showed that the total exports were 6.566 trillion yen, a decrease of 0.2% year on year. Auto exports to the U.S. and China spurred overall growth back to the level of the previous year. Imports fell 13.3%, a double-digit decline for six consecutive months. As COVID-19 drags on, the weakness of domestic demand has become more and more evident. Japan's exports to the United States in October increased by 2.5% to 1, 2993 trillion yen. Exports to China increased by 10.2% year-on-year to 1.4578 trillion yen, achieving double-digit growth for two consecutive months. Manufacturing equipment for semiconductors and others increased by 29%, while automobiles also increased by 22.4%, a significant increase. Exports to Asia as a whole rose 4.4% to 3.6919 trillion yen. It has continued to decrease since March, when the impact of the epidemic intensified, and it turned to growth in October. Exports to Thailand and Vietnam have also increased. Imports were 5.6931 trillion yen in October. Imports of fuels such as crude oil (down 42.6%) and liquefied natural gas (down 42.7%) remained a sharp decline. The trade surplus was 872.8 billion yen. It has achieved a surplus for four consecutive months.