Japan March Exports +4.3% y/y (expected +2.6%) & Imports +7.3% y/y (expected +11.4%)

For the Japanese fiscal year (start April to end March) 2022/23 trade deficit hit a record high of 21.7tln yen

March Exports to

• Asia -1.1% y/y
• China -7.7% y/y
• the US +9.4% y/y
• the EU +5.1% y/y