FX.co ★ Japan’s March Imports Growth Accelerates to 10.9% Year-on-Year

Japan’s import growth strengthened in March 2026, with inbound shipments rising 10.9% year-on-year, up from a 10.3% increase recorded in February 2026. The figures are based on year-over-year comparisons, measuring the change each month against the same month a year earlier.

The latest data, updated on 21 April 2026, indicate a modest acceleration in import activity, suggesting continued firm demand for foreign goods and inputs. While the pace of growth has picked up slightly, the back-to-back double-digit increases in February and March highlight a sustained expansion in Japan’s import sector during the early part of 2026.