Japan April exports +2.6% y/y (expected 3.0%) & Imports -2.3% y/y (exp -0.3%)

Japan trade data for April 2023

The fall for imports is the first in 27 months.

For the m/m results:

• exports +2.5% & imports +0.1%

Exports to:

• China -2.9% y/y
• Asia -6.3% y/y
• the EU +11.7% y/y
• the US +10.5% y/y

JPY JPY The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by Read this Term is barely changed after the release.