Japan September exports rise 16.7 percent on AI chips

Japan reported a 16.7 percent increase in September exports driven by strong global demand for artificial intelligence chips and semiconductor equipment. The trade deficit narrowed to 536.6 billion yen as import growth slowed due to temporary energy delivery delays.

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A Japanese national flag flutters in front of cargo containers at an industrial port in Tokyo, Japan, August 20, 2026. REUTERS/Issei Kato

Japan's exports rose 16.7% in September from a year earlier, driven by strong global demand for semiconductors and AI-related equipment. The 13th consecutive month of gains followed a 19.3% rise in August, missing the median market forecast of 20.1%. External demand remains supportive of the economy despite trade uncertainties and volatile AI sentiment.

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