Home / Market Update / Japan’s Exports Register Biggest Increase in 11 Years

Japan’s Exports Register Biggest Increase in 11 Years

Japanese exports recorded in April its largest increase since 2010, increasing hopes for recovery from the impacts of the coronavirus pandemic, official data showed on Thursday.

Last month, Japan’s exports grew by 38% on an annual basis, exceeding market expectations of a less than 31% increase, and more than double the rise registered in March exports of 16.1%.

The huge increase in the Japanese exports was the biggest since April 2010.

Exports to the United States increased by 45.1%, while those to China increased by 33.9%.

Check Also

Fed Beige Book Signals Resilient US Economy as Growth Holds Steady Despite Inflation Pressures

A new assessment of economic conditions across the United States suggests that the economy remains …