Japan
Asia & Middle EastTrade in Japan
Japan was the world’s 5th largest exporter of goods and 11th largest exporter of commercial services in 2022. Export values were $746.84 billion and $166.70 billion USD respectively. Japan’s top export category was Manufactures, followed by Machinery and transport equipment, and Transport equipment. In 2022, Japan’s main export destination markets for goods and services trade were to China, United States and Korea, Republic of, with trade representing 46.84 per cent of GDP. In terms of imports, Japan is the world’s 4th largest importer of goods and 10th largest importer of commercial services. Import values were $897.18 billion and $209.56 billion USD respectively in 2022. Japan’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were China, United States and Australia. Japan is part of 18 different Regional Trade Agreements, including ASEAN – Japan and Brunei Darussalam – Japan. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Japan |
Abbreviation |
JP |
Capital |
Tokyo |
WTO Membership Date |
1 January 1995 |
Legal System |
civil law system based on German model; system also reflects Anglo-American influence and Japanese traditions; judicial review of legislative acts in the Supreme Court |
Language |
Japanese |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Japanese yen |
Exchange Rate |
Google Finance Currencies |
GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.customs.go.jp/english/tariff/index.htm |
Trade Information Portal |
https://www.customs.go.jp/english/index.htm |
Last Reviewed: June, 2024
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