Japan's exports grew 37.0% from a year earlier in July, keeping up their sharp rebound from the initial blow of the COVID-19 pandemic amid a solid global economic recovery, government data showed Wednesday.
Rising for the fifth month in a row, exports totaled ¥7.36 trillion ($67 billion), lifted by robust shipments of cars and auto parts to the United States as well as semiconductors and chip-making equipment to Asian nations including China, the Finance Ministry said in a preliminary report.
The year-on-year increase topped 30% for the fourth straight month, following a 48.6% expansion in June, partly in reaction to a 19.2% drop in July last year when the pandemic dampened global demand for Japanese-made products such as cars.