Importing from Japan

Japan Import Guide | Trade Finance Global

Importing from Japan

The Economic Complexity Index rates Japan as the world’s most complex economy, importing and exporting a very similar amount of around $700 billion on average each year and resulting in stable or small negative trade balances. In recent years government policy has focused on weakening the yen in world markets, leading to increases in overseas sales for manufactured goods such as cars and machinery.

With the world’s largest electronic goods industry and as the third highest producer of automobiles Japan is also a leading manufacturer in high tech industries such as robotics. Top customers for their goods worldwide are China and the United States (both more than $130 billion), South Korea ($60 billion), Thailand ($40 billion) and Hong Kong ($35 billion).

Importing from Japan? Contact our local experts

1.00 GBP
British Pound
1.00 GBP = 148.084 JPY
=
148.084 JPY
Japanese Yen
1.00 JPY = 0.00675 GBP

Country Profile

CapitalJapan???Nippon-koku or Nihon-koku Flag Imperial Seal Anthem: "Kimigayo" ??? "His Imperial Majesty's Reign" Government Seal of Japan Go-Shichi no Kiri (???) Area controlled by Japan shown in green?claimed, but uncontrolled shown in light green Tokyo
Population
Area 377,972  km2 (145,936 sq mi)
km2 (61st)
Currency Yen (JPY)
GDP
Languages11 Ainu Itak Amami ?shima Kikai Kunigami Miyako Okinawan Okinoerabu Tokunoshima Yaeyama Yonaguni Yoron

2.62

Econ Complexity 1st of 89
1980
2016

$605B

Exports 4th of 120
1980
2016

$583B

Imports 5th of 120
1980
2016

$41.5k

GDP Per Capita 15th of 89
1990
2016

Japan: Exports Profile

Exports from Japan

Exports from Japan: $644.9 billion
Export commodities:Motor vehicles 14.9%, iron and steel products 5.4%, semiconductors 5%, auto parts 4.8%, power generating machinery 3.5%, plastic materials 3.3%
Top export destinations:United States 20.2%  China 17.6%  European Union 11.4%  South Korea 7.2%  Taiwan 6.1% Other 37.4%
GDP growth (annual %)

Importing from Japan: What is trade finance?

Trade finance is a revolving facility which some banks and specialist lenders offer - it enables companies to purchase goods and can help ease cash flow problems.

Often, a trade financier will fund up to 100% of the cost of the product, including charges (e.g. shipping costs).

Trade finance offers added advantages over more traditional bank finance like invoice finance or loans. Trade finance provides quick funding without affecting existing bank relationships.

How does it work?

If you're a business importing or exporting stock from or to other countries, then a trade finance facility would help you to fund this through offering a letter of credit (LC) or some form of cash advance.

I’m looking to import from Japan, how can Trade Finance Global help, and how does it work?

If you are looking to import goods from other international markets, you may need import finance, which is an agreement between yourself (the importer) and the foreign exporter. A alternative finance bank will act as the intermediary, paying the foreign exporter on your behalf until you receive the products and have then sold them to your customer. Repaying the funder then occurs over an agreed period.

Read the TFG Importers Guide here.

Importing from Japan? Contact our local experts

Country Profile

CapitalJapan???Nippon-koku or Nihon-koku Flag Imperial Seal Anthem: "Kimigayo" ??? "His Imperial Majesty's Reign" Government Seal of Japan Go-Shichi no Kiri (???) Area controlled by Japan shown in green?claimed, but uncontrolled shown in light green Tokyo
Population
Area 377,972  km2 (145,936 sq mi)
km2 (61st)
Currency Yen (JPY)
GDP
Languages11 Ainu Itak Amami ?shima Kikai Kunigami Miyako Okinawan Okinoerabu Tokunoshima Yaeyama Yonaguni Yoron

2.62

Econ Complexity 1st of 89
1980
2016

$605B

Exports 4th of 120
1980
2016

$583B

Imports 5th of 120
1980
2016

$41.5k

GDP Per Capita 15th of 89
1990
2016
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