AI Data Insight
Japan's total exports in September 2026 (Q3) achieved a year-over-year growth rate of 16.7%. Although this represents a slowdown from the previous 19.3% and fell short of the market expectation of 20.1%, it still set a record of 13 consecutive months of expansion. Semiconductors and related manufacturing equipment surged, driven by the AI boom, becoming the core pillars of foreign trade. However, geopolitical risks in the Middle East and high energy costs remain underlying concerns for Japan's short- to medium-term trade growth.