Japan’s exports jumped 19.3% year-on-year to JPY 10,929.0 billion in June 2026, the highest level in three months. This was the fastest pace of growth since November 2022 and exceeded market expectations of an 18.6% increase. It also marked the tenth consecutive month of export expansion, driven by a weaker yen and strong global demand for AI-related semiconductors and data center equipment, despite supply disruptions stemming from the U.S.-Israeli war with Iran.