The Ministry of Finance released its trade data for Japan on the late Sunday evening. Japan's trade surplus rose to ¥824 billion in April from ¥755 billion in March. Analysts had expected a surplus of ¥492.8 billion.

Exports fell 10.1% year-on-year in April, while imports dropped 23.3%.

Exports to Asia declined by 11.1% year-on-year in April, exports to the United States decreased by 11.8%, while exports to the European Union climbed by 9.9%.

Imports from Asia plunged by 19.2% year-on-year in April, imports from the United States slid by 18.1%, while imports from the European Union declined by 8.4%.