Japan's exports are ramping up despite the Iran War:



Japan’s exports jumped +11.7% YoY in March, the 2nd-highest since May 2024.

This marks a sharp acceleration from the +4.0% increase in February.

Exports to China drove the surge, rising +17.7%, led by chips, electronic components, and industrial metals.

At the same time, imports soared +10.9% YoY, widening the trade surplus to ~$4.2 billion, the highest since December 2020.

Meanwhile, crude oil imports fell -7.3% in value terms, as tankers that had already departed before the war continued arriving through mid-March.

China’s demand is driving the Japanese economy.
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NexaCrypto
· 1h ago
LFG 🔥
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