March trade data from Japan

Trade balance -¥412.4bn

  • expected -¥71.5bn, prior -¥669.7bn

Adjusted trade balance -¥899.8bn

  • expected -¥560.5bn, prior -¥1031.4bn

Exports +14.7% y/y

  • expected +17.1%, prior +19.1%

Imports +31.2% y/y

  • expected +28.9%, prior +34.1%

Exports

  • to Asia +12.4% y/y
  • to China +2.9% y/y
  • to the US +23.8% y/y
  • to the EU +16.8% y/y