Japan's exports speed up in May

Japan's exports speed up in May

In May, Japan's exports managed to ascend at the fastest rate for four months. It became possible due to soaring shipments of vehicles, auto parts as well as semiconductor equipment. That’s an evident sign that global demand is getting better.

In May, exports rallied 8.1% from the same period of 2017, which is more than the median forecast for a 7.5% soar anticipated by market experts in a Reuters survey. In April, exports tacked on 7.8%.

Exports will probably keep soaring due to greater demand for manufacturing equipment, auto parts and vehicles, although Japan's trade surplus with America makes it a probable objective for Donald Trump's protectionist stance.

In May, Japan's exports to America edged up 5.8% year-on-year, which is faster than April’s 4.3% surge year-on-year, because of higher shipments of car parts.

Besides this, imports from the United States went up 19.9% year-on-year due to the fact imports of American coal and aircraft tacked on.

As a matter of fact, Japan's trade surplus with America headed south 17.3% year-on-year hitting 340.7 billion yen, which is the lowest value since January 2013.

The dive in the trade surplus with America will probably exempt Japan from US criticism because the Trump administration lifts duties to lower the American trade deficit and withstand unfair trade policies.

In terms of volume that strips out the influence of currency moves, the Asian country’s exports rallied about 4.2% in May in contrast with a 4.6% soar last month.

The country’s total imports inched up 14% in the year to May in contrast with the median forecast for an 8.2% soar because of the soaring crude prices.

The trade balance turned out to be a deficit of 578.3 billion yen compared to the median forecast for a 235.0 billion yen deficit.



What will move the market on November 8-12?
What will move the market on November 8-12?

The last week was so eventful for traders: FOMC Meeting, Bank of England’s rate decision, the OPEC+ meeting, and also NFP. This week is going to be interesting as well! Let’s see what you should focus on.

Will USD Stop Falling Today? Market Wrap
Will USD Stop Falling Today? Market Wrap

The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong. 

Latest news

USD Moves Weird Ahead of CPI
USD Moves Weird Ahead of CPI

The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.

The NFP Release: One More Punch for USD?
The NFP Release: One More Punch for USD?

The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera