Japan exports rise 11.7 percent on strong AI demand

Japan exports rose 11.7 percent in March as AI demand offset Middle East risks. The trade surplus reached 667 billion yen despite falling regional shipments.

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Japan recorded its seventh consecutive month of export growth in March, as robust demand for artificial intelligence technology helped mitigate the immediate impact of trade disruptions in the Middle East. Government data released on Wednesday showed that total exports by value increased 11.7% year-on-year, surpassing the median market forecast of an 11% rise. The nation recorded a trade surplus of 667 billion yen ($4.18 billion) for the month, though this was smaller than the 1.1 trillion yen surplus initially projected.

A large container ship is docked at an industrial terminal within the Port of Tokyo, Japan, on August 28, 2025. REUTERS/Issei Kato
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