Japan’s Gold Exports Jump 35.6% to a Record $25.5 Billion in FY2025
The report says the sharp rise in outbound gold shipments is drawing attention to possible tax evasion, smuggling activity, and resulting market distortions in Japan.
Fact Check
Nikkei Asia, citing Japan's Ministry of Finance trade statistics, independently confirms Japan's gold exports hit a record level in fiscal 2025 (~$25bn / 4+ trillion yen). Maeil Business Newspaper specifies the exact 4.88 trillion yen, 35.6% YoY increase, and notes it is the highest since records began in 1988—matching the claim's $25.5B and 35.6% figures. The smuggling/tax-evasion angle is also corroborated across all sources.
Summary
verifying reliability
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