Japan March Trade Surplus Hits ¥667bn

Japan recorded a ¥667.0 billion trade surplus in March, below forecasts of ¥1.106 trillion but far above the ¥44.3 billion surplus a year earlier.
Exports surged 11.7% YoY in March, beating the 11.0% estimate and accelerating from 4.0% growth in February.
Imports rose 10.9% YoY, surpassing the 7.1% forecast but slightly slower than February’s 10.3% increase, reflecting higher energy costs.
The weaker yen boosted export competitiveness while increasing import bills, highlighting a fragile but resilient trade recovery amid global uncertainty.