- Japan's exports rose 8.1% Y/Y in May at the fastest rate in four months amid increased shipments of cars, car parts, and semiconductor equipment, a sign that global demand is gaining strength.
- Japan's exports to the United States rose 5.8% Y/Y in May, whereas imports from the United States rose 19.9% Y/Y as imports of U.S. aircraft and coal grew, resulting in trade surplus with the USA to $3.08B.
- In terms of volume, which strips out the impact of currency moves, Japan's exports rose an annual 4.2% Y/Y in May, following 4.6% Y/Y increase in April.
- Source: Investing.com
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