Japan exports rise for seventh month as AI demand blunts Mideast risks for now
Japan's exports rose for the seventh consecutive month in March, driven by demand for artificial intelligence-related goods. Despite the Middle East conflict, AI demand has offset trade disruptions, but analysts warn of potential risks to the economy.
Japan's exports rose for the seventh straight month in March, driven by demand tied to artificial intelligence. Total exports increased 11.7% year-on-year, exceeding market forecasts. Imports grew 10.9% in March, and Japan recorded a trade surplus of 667 billion yen. Exports to the Middle East plunged 45.9%, but were offset by a 3.4% increase in exports to the US and a 17.7% jump in shipments to China. Analysts warn that rising oil prices and supply disruptions could slow Japan's export growth and weigh on the economy.
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