日本9月出口同比增16.7% 连续13个月增长 受AI芯片需求支撑 贸易逆差收窄
Japan exports rise 16.7% for 13th straight month on AI chip demand, trade gap narrows
Data from Japan's Ministry of Finance showed that exports increased by 16.7% year-on-year in September, increasing for 13 consecutive months, mainly driven by demand for semiconductors and AI-related products and price increases by companies. Imports increased by 18.9% due to delays in the arrival of crude oil due to oil tankers detouring through the Bab el-Mandeb Strait; the trade deficit narrowed to ¥53.66 billion (approximately US$3.4 billion), still higher than the expected ¥18.1 billion. The Japanese government expects crude oil purchases in October to return to the same period last year, which may push up import bills.
Japan's exports have grown for 13 consecutive months, reflecting that AI-related external demand is still resilient. However, the narrowing of the trade deficit in September was mainly due to the short-term disturbance of delayed crude oil arrival. The subsequent recovery of imports may change the trade balance. Traders need to distinguish this temporary factor from real export trends and pay attention to the potential impact of the data on the yen exchange rate, as well as the indirect transmission of changes in global technology demand on risk appetite and safe-haven assets.
日本出口连续13个月增长且AI芯片需求仍强，但9月逆差收窄主要源于石油到港延迟，需区分短期扰动与外部需求趋势。
来源：ForexLive · investinglive.com