Japan March trade data: Surplus shrinks. Imports and exports both higher than expected

  • Just the data in this post
usdyen 160 update 22 April 2026

Japan’s trade balance recorded a surplus of ¥667.0B in March (expected ¥1,106B, prior ¥57.3B)

  • imports increased 10.9% y/y (exp. 7.1%, prior 10.2%)
  • exports rose 11.7% y/y (exp. 11.0%, prior 4.2%)

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