Press "Enter" to skip to content

What does Japan export the most?

What does Japan export the most?

Major Japanese exports include electronic equipment and cars. Trade with other countries (international trade) is therefore very important to Japan. The goods that Japan has exported have changed over time, from agricultural products to manufactured goods, textiles, steel, and cars.

What are Japans top 10 exports?

Japan’s Top 10 Export Goods

Sl. No. Export Product Percentage
1 Vehicles 12.6%
2 Machinery including computers 4.52%
3 Electrical machinery, accessories of the motor vehicles 4.21%
4 Machines and mechanical appliances 3.11%

What does Japan produce the most?

Japan’s main agricultural product is rice, and most rice eaten in Japan is home-grown. Since Japan has little arable land compared to its population, it cannot grow enough wheat, soybeans, or other major crops to feed all its citizens.

What is the main reason Japan has a trade surplus?

Japan’s overall trade surplus is a result of its exports in the rubric machinery, scientific and optical equipment, telecommunications equipment, and semiconductors and electronic parts.

How do Japanese make money?

The largest industries are agriculture and fishing, manufacturing, and tourism among others. Japan’s GDP per sector is as follows: services 71.4%, industry 27.5%, and agriculture 1.2%. 0.2% of the population of Japan lives under the poverty line of under $1.90 a day. The unemployment rate is 2.90%.

What are the main exports of Japan?

The major exports of Japan are cars, computers and electronic devices. The Japanese economy is the fourth largest in the world and ranks as the No. 4 exporter. That year the country’s top 10 exports accounted for 79.6 percent of the entire global shipment value, with goods shipped estimated at $715.2 billion.

What kind of goods does Japan export to Hong Kong?

Top 10 Japanese Exports to Hong Kong Japan’s exports to Hong Kong amounted to $33.6 billion or 4.8% of its overall exports.   1. Electronic equipment: $12.4 billion   2. Gems, precious metals: $2.5 billion   3. Machinery: $2 billion   4. Perfumes, cosmetics: $1.2 billion   5. Plastics: $1.1 billion   6. Medical, technical equipment: $1.1 billion

When was the last time Japan exported anything?

This page provides the latest reported value for – Japan Exports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Exports – data, historical chart, forecasts and calendar of releases – was last updated on May of 2021.

What is the value of Japan’s exports to the US?

By top trading partners, exports to the US fell 2.6 percent, while those to China declined 0.4 percent. Also, sales to Hong Kong sank 9.6 percent and to Australia 9.9 percent. Exports from Japan fell 2.6% yoy to JPY 5.43 trillion in January 2020, the lowest value since January of 2017 and compared with forecasts of a 6.9% drop.