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Marketplace Morning Report

Japan posts strong export numbers

Marketplace Morning Report

Marketplace

News, Business

4.5927 Ratings

🗓️ 18 February 2026

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Japan’s export figures were the strongest in three years, climbing 16.8% year over year in January. The data sharply beat market expectations. Plus, the German drugs giant Bayer is offering to pay more than $10 billion to settle claims over the weedkiller Roundup. And, European commercial flights have resumed to Venezuela for the first time since the ousting of President Nicolás Maduro.

Transcript

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0:00.0

Some good news for Japan's sluggish economy as exports jump.

0:06.0

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

0:11.0

Good morning, I'm Nick Kareishi.

0:12.9

It's the start of the Lunar New Year this week, and one country in Asia seems to be doing very well

0:18.2

because of the strong demand ahead of the holidays.

0:21.0

The BBC's Sarenjana Tuari joins us. Hi, Surinjana. Hi there.

0:25.1

So Japan's exports have marked their biggest jump in more than three years. What is driving

0:31.2

this growth? This week is the Chinese Lunar New Year holidays. And obviously, Japan and China are major trading partners,

0:39.7

even though they often have frosty relations diplomatically. But these numbers come from January

0:46.4

and it shows that Japan's exports were boosted by the strong demand all around Asia for its

0:53.8

products.

0:54.8

And this is really interesting because it actually follows separate data this week

0:58.5

that showed that the Japanese economy has only just limped back to growth in the fourth quarter of last year,

1:05.3

significantly missing market forecasts because of weaker exports and capital expenditure as well. Now, in these figures,

1:13.7

exports to China actually jumped 32%, which is why experts and economists are saying that this is

1:19.4

because of the demand ahead of the lunar New Year. But exports bound for the European Union were

1:24.7

also up by 30%. So a real front loading.

1:29.2

Not such good news.

1:31.0

We learn that Chinese visits to Japan plummeted by some 60% in January,

1:37.6

according to official figures from the Japanese Tourist Board.

1:40.9

That's right.

1:41.7

And that's why it's so interesting that the exports are actually up, because

...

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