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Ambassador and Consul General

INDIA - JAPAN BUSINESS & CULTURAL COUNCIL

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Global India business forum presented Honorary membership to Fukahori Yasukata, Consulate General of Japan, in Mumbai and to Tsuchiya Takehiro, Counsellor of Embassy of Japan in New Delhi. A discussion was held to have a collaboration between GIBF and Japan to explore different business opportunities and trade between two countries. Global President- GIBF Dr Jitendra Joshi and Global Cordinator Deepali Gadkari attend the meeting.

Transport Equipment, Machinery, Electrical Machinery, Chemicals, Manufactured Goods, Raw Materials, Foodstuff, Mineral Fuels

Electrical Machinery, Mineral Fuels, Machinery, Foodstuff, Chemicals, Manufactured Goods, Raw Materials, Transport Equipment.

ABOUT

ABOUT JAPAN

Japan is an island country located in the Pacific Ocean in East Asia. It is bordered on the west by the Sea of Japan. The country spans from the Sea of Okhotsk in the north toward the East China Sea and Taiwan in the south. It is also part of the Ring of Fire. The five main islands are Hokkaido, Honshu, Shikoku, Kyushu, and Okinawa. Tokyo is Japan's capital and largest city; other major cities include Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is one of the most densely populated country in the world and is very urbanized. Japan is a great power and a member of numerous international organizations, including the United Nations (since 1956), the OECD, and the Group of Seven.

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BUSINESS OPPORTUNITIES

BUSINESS OPPORTUNITIES IN JAPAN

Japan’s rapidly aging population and shrinking labor force, which creates demand for everything from pharmaceuticals and medical technologies to robotics and advanced manufacturing solutions, to travel and financial services
Japan’s continued dependency on the import of natural resources, which puts a focus on energy supplies and renewable energy solutions, as well as food and other commodities
a strong, enduring U.S.-Japan strategic alliance and deep economic integration with the United States, which presents opportunities in advanced sectors such as aerospace, defense, safety and security, and cybersecurity Japan’s large, broad-based, and sophisticated consumer economy, in which consumers with considerable purchasing power seek high-quality, trend setting, innovative goods and services.

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EXPORTS AND IMPORTS IN JAPAN

EXPORTS AND IMPORTS IN JAPAN

In 2021, Japan was the number 3 economy in the world in terms of GDP (current US$), the number 4 in total exports, the number 4 in total imports, the number 34 economy in terms of GDP per capita (current US$) and the number 1 most complex economy according to the Economic Complexity Index (ECI) .
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TOP EXPORTS OF JAPAN

The top exports of Japan are Cars ($88.6B), Integrated Circuits ($36B), Motor vehicles; parts and accessories (8701 to 8705) ($33.4B), Machinery Having Individual Functions ($22B), and Photo Lab Equipment ($18.5B), exporting mostly to China ($153B), United States ($128B), Chinese Taipei ($52.5B), South Korea ($51.1B), and Thailand ($31.2B). In 2021, Japan was the world's biggest exporter of Machinery Having Individual Functions ($22B), Photo Lab Equipment ($18.5B), Large Construction Vehicles ($11.8B), Hot-Rolled Iron ($10.9B), and Thermostats ($5.88B)
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TOP IMPORTS OF JAPAN

The top imports of Japan are Crude Petroleum ($54.9B), Petroleum Gas ($40.2B), Integrated Circuits ($22.7B), Coal Briquettes ($22.2B), and Refined Petroleum ($18.1B), importing mostly from China ($168B), United States ($71.8B), Australia ($47B), Chinese Taipei ($30.2B), and South Korea ($30.1B). In 2021, Japan was the world's biggest importer of Other Prepared Meat ($2.85B), Processed Tobacco ($2.46B), Fuel Wood ($2.09B), Ethers ($1.61B), and Sulfates ($712M)
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