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Japan's Exports Rise Amid U.S. Decline, Profit Warnings Loom

10/22/2025

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Summary

Story summary

Japan's exports rose 4.2% year-on-year in September, the first rise in five months.
Shipments to the United States fell 13.3% in September, continuing a six-month decline despite tariff reductions.
Exports to China rose 5.8% in September, while imports grew 3.3%, leaving a 234.6 billion yen deficit.
Analysts warn profit pressures on exporters could curb wage growth and consumption, signaling potential Bank of Japan rate increases.

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Story summary

Japan's exports rose 4.2% year-on-year in September, the first rise in five months.
Shipments to the United States fell 13.3% in September, continuing a six-month decline despite tariff reductions.
Exports to China rose 5.8% in September, while imports grew 3.3%, leaving a 234.6 billion yen deficit.
Analysts warn profit pressures on exporters could curb wage growth and consumption, signaling potential Bank of Japan rate increases.