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Japan's May exports jump 17%, led by 61% surge in semiconductor shipments for AI tech

Market News
16 Jun 2026
CNBC
View Source
Bullish
pluang ai news

Japan's exports in May rose 17% year on year, the fastest growth since November 2022, driven by a 61.2% surge in semiconductor exports fueled by strong demand for AI technology and a 16.4% increase in car shipments. Imports also rose 12.5%, the highest since January 2025, reflecting robust economic activity. This export growth supports Japan's economic expansion and aligns with the Bank of Japan's recent interest rate hike to combat inflation and a weak yen, which helps boost exports but raises import costs. Business sentiment among manufacturers improved, indicating optimism about the economic outlook.

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