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Japan posts 536.6 billion yen trade deficit in September
October 23, 2026
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TOKYO, Japan / ConSynSer（https://consynser.com/） / – Japan recorded a trade deficit of 536.6 billion yen in September as imports grew faster than exports, preliminary data from the Ministry of Finance（https://www.mof.go.jp/english/） showed. Exports rose 16.7% from a year earlier to 10.9723 trillion yen. Imports climbed 18.9% to 11.5088 trillion yen over the same period. The deficit was equal to about $3.4 billion, according to Xinhua News Agency.
Imports outpace exports in Japan. (AI-generated image)
Exports increased for the 13th consecutive month, supported by strong demand for semiconductors and chip-making equipment. Xinhua also pointed to demand for products linked to artificial intelligence. The data marked Japan’s fifth straight month of trade deficits. However, the September shortfall narrowed from 1.11 trillion yen in August. Import growth slowed from a 28.0% rise in August, partly due to a decline in crude oil arrivals.
Higher energy costs have weighed on Japan’s trade balance this year.