In July 2026, Japan achieved historic monthly figures for both imports and exports, driven by elevated energy prices and robust demand for technology products, boosting overall trade activity. Imports increased by 27.8% from the same month last year, reaching approximately 12.15 trillion yen. Exports rose by 23.2% to about 11.51 trillion yen. According to the Ministry of Finance, this led to a trade deficit of 634.5 billion yen, as import growth outpaced outbound shipments during the period.