FX.co ★ Japan’s Import Growth Accelerates to 1.3% YoY in November

Japan’s imports rose 1.3% year-over-year in November 2025, an acceleration from the 0.7% annual increase recorded in October 2025, according to data updated on 16 December 2025.

Both figures compare the respective months to the same months a year earlier, indicating a pickup in external demand or import volumes heading into the final months of the year. The November reading suggests that import activity is strengthening modestly after a more subdued pace in October, potentially reflecting shifts in domestic demand, prices of imported goods, or currency movements over the comparison period.

The latest data will be watched by market participants and policymakers as an indicator of underlying economic momentum, given that import trends often mirror changes in domestic consumption and industrial activity.