Japan's exports fall more than expected in July on US tariff pressures

Japan's exports fall more than expected in July on US tariff pressures

Source: EODHD - https://www.investing.com/news/economy-news/japan-exports-drop-26-yearyear-in-july-4201053
Published: Aug 19, 2025 8:24 PM

By Makiko Yamazaki TOKYO (Reuters) - Japan’s exports dropped for a third straight month in July, government data showed on Wednesday, as U.S. tariffs continued to weigh on manufacturers, raising concerns about the outlook for the country’s export-reliant economy. The outcome follows unexpectedly strong growth in gross domestic product (GDP) in the April-June quarter, separate data showed last week, fuelled by surprisingly resilient exports and capital expenditure. Total exports from the world’s fourth-largest economy dropped 2.6% year-on-year in July in value terms, more than a median market forecast for a 2.1% decrease and following a 0.5% drop in June. Exports to the United States in July...

Market context: This update is relevant to USD traders, with USDJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.