Growth in Japan is absent from expectations, a 3.9 % increase

Japan mentioned on Thursday A 3.9 % increase in exports in March compared to a previous year, after a month of exports has witnessed its largest increase since May 2024.

Growth was lost by 4.5 % increase from the economists, which were included in Reuters, and was less than a 11.4 % jump in February.

According to the region, Japanese exports increased more to the Middle East, where they recorded a 17.1 % increase, compared to the same last period.

Exports to the United States, the second largest commercial partner in Japan, witnessed an increase of 3.1 %.

March data does not include the full impact of US President Donald Trump’s definitions. The United States has announced a 25 % tariff on auto imports as of April 3, and 25 % of steel and aluminum fees came March 12.

However, Trump has suspended 24 % “mutual” definitions on Japan for 90 days, leaving a 10 % basic tariff.

Trump said in a Social truth There is “great progress” in the conversations, with the presence Say earlier He also attended the commercial meeting. He also wrote that the talks will cover “definitions, the cost of military support, and” commercial fairness “.

According to what was reported, Japan was The sixth largest steel source To the United States in 2024, Japanese car brands are four of the eight best best -selling brands in the United States, where Toyota ranked first.

Cars are the highest export of Japan to the United States, as they represent 28.3 % of all shipments in 2024, According to customs data.

Imports increased to the second largest economy in Asia, according to 2 % local GDP, compared to 3.1 % increase from a Reuters poll.

The Japanese trade deficit narrowed to 544.1 billion yen, but it was broader than Reuters poll expectations of 485.3 billion yen. The deficit in February reached 590.5 billion yen.

“Japan is no longer the export force that was one day,” said Jesper Koll, director of experts at Monex Group.

Koll CNBC told that although the yen was weak, the fear of customs tariff could enhance exports through the front loading, China was replacing Japanese exports.

He said that “with the escalation of US -Chinese commercial wars, Japan will harm more because China will have to cancel the ability it used to sell to America on global markets.”