Japanese exports posted a double-digit gain for the first time in more than three years in March, offering another indication that a recovery in global trade is gaining strength.
The value of overseas shipments jumped 16.1% from a year ago, for the biggest increase since November 2017, led by exports of cars, plastics, semiconductors and chip-making equipment, the Finance Ministry reported Monday.
Economists had forecast a rise of 11.4%. Exports to China surged by more than a third.