AI Data Insight
Japan's total exports in Q2 (June) 2026 strongly surged to 10,929,012 million yen, marking a significant monthly increase of nearly 14.9% and a year-over-year growth rate of 19%, outperforming market consensus. Benefiting from an extremely weak yen and the global semiconductor demand boom, export momentum remained at high levels. However, the Middle East conflict pushed up crude oil import costs, unexpectedly turning the overall trade balance into a deficit.