Japan: Japan recorded a trade surplus of 57.3 billion yen ($360 million) last month, compared to a trade deficit in the previous month, according to government data released Wednesday.
According to Yemen News Agency, Japan's exports rose 4.2 percent in February to 9.57 trillion yen, after adjusting for seasonal variations. This figure exceeded expectations, according to preliminary data from the Japanese Ministry of Finance.
Meanwhile, imports increased by 10.2 percent to 9.51 trillion yen, after contracting by 2.5 percent in January, which saw a deficit of 1.15 trillion yen.
Import costs in Japan are likely to rise due to the US-Israeli conflict with Iran, which is driving up oil and other energy prices.
Japan imports most of its oil, and the price of Brent crude, the global benchmark, has jumped to around $100 a barrel in recent weeks.