Japan Feb exports post fastest annual increase since January 2015: MOF

Kiyoshi Ota | Bloomberg | Getty Images

Japan's exports rose 11.3 percent in February from a year earlier, marking the third straight month of increases in a reflection of rising global demand, Ministry of Finance data showed on Wednesday.

The result compares with a 10.6 percent increase expected by economists in a Reuters poll, reviving after a slowdown in January due to the Lunar New Year holidays in China and other parts of Asia. Exports rose just 1.3 percent in January.

Imports rose 1.2 percent in the year to February, versus the median estimate of a 0.6 percent increase.

The trade balance came to a surplus of 813.4 billion yen ($7.3 billion), versus the median estimate of a 822.0 billion yen surplus.

Fewer headwinds in Japan?

($1 = 111.4800 yen)

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