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Japan reports 1.1T yen trade deficit in August
Japan recorded its largest trade deficit since January in August 2026, totaling 1.106 trillion yen ($7.12 billion). This was driven by a 28% increase in imports, compared to a 19.3% rise in exports. The surge was primarily fueled by higher energy imports, with oil imports jumping by 58.7% and liquefied natural gas by 29.7%. This exacerbated the trade deficit amid a slowdown in export recovery, rising energy costs, and disruptions in global supply chains.
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