Japan’s Export Surge Meets Import Shock: Trade Deficit Widens Despite Record Shipments

‼️ 🇯🇵 Japan’s export growth surged to its fastest pace since 2022 in July, rising 23.2% year-over-year—up from 19.3% in June—driven by strong global demand for semiconductors and automobiles, alongside the yen’s depreciation to its weakest level in four decades. However, imports grew even faster at 27.8% (vs. 25.4% in June), reflecting elevated energy and commodity costs amid the weak currency

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