Japan international trade data for October: Exports +25.3% y/y, Imports +53.5% y/y

For the m/m figures:

• exports +2.2%
• imports +4.2%

Both exports and imports in the month hit a record value high.

The y/y imports result is massive! See below:

Japanese exports in October to:

• EU +28.1% y/y
• US +36.5% y/y
• China +7.7% y/y