Sina US Stock News reported on the morning of the 19th Beijing time that data released by Japan's Ministry of Health, Health, and Finance on Thursday showed that Japan's exports in September increased 14.1% year-on-year, thanks to strong demand for semiconductor products from overseas markets.
This is the 10th month in a row that Japan's exports have grown year over year, thanks to the recovery of the global economy and the depreciation of the yen. Analysts said demand associated with new smartphones has also helped drive export growth in recent months.
Japan's trade surplus reached 670.2 billion yen in September, higher than the average estimate of 560 billion yen expected by economists surveyed by the “Nikkei Shimbun”. Among them, the trade surplus with the US increased 5.1% year over year to 616.6 billion yen.