India - Japan Business and Cultural Council

Japan is an island nation in East Asia known for its rich culture, technology, and historical heritage. It features a blend of traditional and modern elements, with major cities like Tokyo and Kyoto, and is famous for its cuisine and advancements in technology.

Ambassador and Consul General

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 of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari attended 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 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 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.

Exports and Imports In Japan

In May 2024 Japan exported ¥8.28T and imported ¥9.5T, resulting in a negative trade balance of ¥1.22T. Between May 2023 and May 2024 the exports of Japan have increased by ¥984B (13.5%) from ¥7.29T to ¥8.28T, while imports increased by ¥823B (9.49%) from ¥8.67T to ¥9.5T.

Top Exports of Japan

In May 2024, the top exports of Japan were Cars (¥1.17T), Commodities not elsewhere specified (¥685B), Integrated Circuits (¥388B), Machines and apparatus of a kind... (¥343B), and Motor vehicles; parts and accessories (¥301B).

Top Imports of Japan

In May 2024 the top imports of Japan were Crude Petroleum (¥928B), Petroleum Gas (¥522B), Coal Briquettes (¥338B), Integrated Circuits (¥277B), and Refined Petroleum (¥246B).

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