AI Data Insight
Japan's total imports in May 2026 reported at 9.89 trillion yen, and although slightly down from the previous value of 10.20 trillion yen, the year-on-year growth rate reached a high of 12.7%. Driven by global AI hardware demand, imports of semiconductors and electronic components surged. Additionally, energy procurement costs faced pressure due to the situation in the Middle East, turning Japan's trade balance into a deficit. In the short term, strong AI demand and alternative crude oil procurement are expected to keep import figures at a high level.