Japan

Japan has the third largest economy in the world and a population of 126 million people. The national language is Japanese. Nominal gross domestic product (GDP) is $5.4 trillion with a per capita income of $43,000 which is the 22nd highest in the world. The currency is the Japanese Yen and the country is located in time zone UTC +9.

By sector:
• Agriculture – 1.1%
• Industry – 30.1%
• Services – 68.7%

Japan main exports by category:

• Vehicles
• Machinery including computers
• Electrical equipment
• Optical and medical apparatus
• Iron and steel
• Plastics
• Chemicals
• Oil/minerals
• Ships
• Chemical goods

Japan main imports by category:

• Oil/Minerals
• Electrical equipment
• Machinery including computers
• Optical and medical apparatus
• Pharmaceuticals
• Vehicles
• Ores/slag/ash
• Plastics
• Chemicals
• Clothing

Japan’s main trading partners are United States, China, South Korea, Australia and Saudi Arabia.

Japan is a member of WTO and GATT

Total value of export – $705 billion
Total value of imports – $721 billion

Ease of doing business ranking –29th in the world

International dialling code – +81

Main business domain – .jp

Blackcat360 Japan business development potential – HIGH