Japan records bigger exports and imports in April, despite oil supply concerns
Japan's exports increased by 14.8% in April compared to the previous year, reflecting strong trade performance despite oil supply concerns. The rise in exports was driven by a surge in semiconductor shipments and higher demand for various goods. Meanwhile, imports also rose by 9.7%, but oil imports saw a significant decline due to the ongoing conflict in Iran.
- ▪Japan's exports soared 14.8% in April from a year earlier, marking the eighth consecutive month of growth.
- ▪Shipments of semiconductors surged nearly 42% by value, contributing significantly to the export increase.
- ▪The trade balance shifted to a surplus of 301.9 billion yen, compared to a deficit in the same month last year.
Opening excerpt (first ~120 words) tap to expand
ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onJapan records bigger exports and imports in April, despite oil supply concernsJapan has reported its exports soared nearly 15% in April from a year earlier as its trade remained robust despite worries over supplies of oil and gas due to the war in IranByYURI KAGEYAMA AP business writerMay 20, 2026, 11:01 PM1:43Containers are stacked at a port in Tokyo Tuesday, May 19, 2026.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News — International.