TOKYO - UPI
affected production of vehicles and other products, the finance ministry said in a preliminary report. March exports totaled 5,899 billion yen ($71.2 billion), down 2.2 percent from the same month last year and the March trade surplus fell nearly 79 percent to 196.5 billion yen ($2.4 billion), the ministry said. February exports were up 9 percent to 5.589 trillion ($67.8 billion).
Analysts told Kyodo News exports may recover before summer with reconstruction work. However, the analysts said exports may again decline in the July-September quarter owing to power shortages resulting from the crisis at the quake-hit Fukushima Daiichi nuclear power plant.
The BBC reported Japan\'s March car exports fell 28 percent year-on-year and semiconductor shipments were down 6.9 percent. Japanese exports to China were up 3.8 percent in March but shipments to the United States declined 3.4 percent, China\'s state-run Xinhua news agncy reported.
The economic damage to Japan from the March 11 disaster is estimated at $300 billion, the world\'s costliest natural disaster.