Japan exports surge by most in three years as Lunar New Year demand peaks
Japanese exports rose 16.8 percent in January as shipments to China surged ahead of the Lunar New Year. Economists expect a pullback in the coming months.
Japan 
JP recorded a 16.8% year-on-year increase in exports for January, marking the largest monthly rise since November 2022. This surge was primarily driven by the Japanese export sector front-loading shipments ahead of the Lunar New Year in China 
CN. The timing and scale of this jump materially altered the monthly trade outcome, contributing to a January trade deficit of 1.15 trillion yen, a figure that narrowed what had been expected by some analysts to be a larger deficit.
JP recorded a 16.8% year-on-year increase in exports for January, marking the largest monthly rise since November 2022. This surge was primarily driven by the Japanese export sector front-loading shipments ahead of the Lunar New Year in China CN. The timing and scale of this jump materially altered the monthly trade outcome, contributing to a January trade deficit of 1.15 trillion yen, a figure that narrowed what had been expected by some analysts to be a larger deficit.
