Japan got a big blow of Rs 1 lakh crore! Has this rich country reached the brink of poverty due to the war between America and Iran?

The fire of increasing tension between America and Iran in the Middle East has now started spreading all over the world. The most lethal effect of this war is being seen on the world’s third largest economy i.e. Japan. This dispute between America and Iran has spoiled the mathematics of Japan’s trade. Japan’s trade deficit has reached 1700 billion yen (about Rs 1 lakh crore) in the financial year 2025-26. The Japanese government released these shocking figures on Wednesday and said that this is the fifth consecutive year that the country has faced a trade deficit.

The gap between exports and imports has increased

The impact of stress is not limited to losses only, but it has cast a dark shadow on Japan’s entire import-export market. According to Finance Ministry data, there was an increase of 4 percent in exports as compared to last year, but only 0.5 percent increase in imports was seen. This imbalance may prove to be an alarm bell for Japan’s economy in the future.

Trump’s tariffs broke Japan’s back

Not only Iran but also the policies of US President Donald Trump are being held responsible for this condition of Japan. The high tariffs imposed by Trump on goods imported from Japan have shaken Japan’s automotive industry. According to the data, Japan’s total exports to the US have declined by 6.6 percent this fiscal year, while car exports have declined by a massive 16 percent. However, the 11.7 percent increase in exports in the month of March has raised some hope, which suggests that Japan is trying to recover from the shocks.

Iran war added fuel to the fire

For Japan, which is facing the brunt of America, the increasing tension between Iran and Israel has acted as ‘itch in the leprosy’. Japan is almost completely dependent on other countries for its energy needs (oil and gas). The fear of stopping the oil supply from West Asia due to Iran is keeping Japan awake. Shortage of oil not only means petrol and diesel becoming expensive, but it can also halt the production of products like naphtha used in plastics and medical supplies.

Is Japan about to run out of oil?

Amidst the growing crisis, the Japanese government has tried to reassure its people. The government says Japan has the resources to deal with any emergency. 254 days oil reserves Is safe. The government can use this reserve stock to keep the supply stable. Also, Japan is now exploring alternatives to disputed routes like the ‘Strait of Hormuz’ for the supply of oil and gas so that any major economic disaster can be avoided in the future.