Japan's total exports rose 15.8% in May, more than expected

Japan's total exports in May rose 15.8% year-on-year, slightly lower than market expectations of 16.1%, and the previous value rose 12.5%. As for the total import value, it surged by 48.9% year-on-year, much higher than the market expectation and the previous value of 44% and 28% respectively. It was a record high for the third consecutive month. influences. During the same period, Japan's trade deficit widened to 2.3847 trillion yen, the tenth consecutive month of trade deficit and the second highest on record. The data further reflected the negative impact of the yen's plunge on the local trade and economic outlook.