Slow return to normal

A1

LOW RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Last updated in July 2024.

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GDP USD4231.1bn (World ranking 3, World Bank 2022)
Population 125.1mn (World ranking 11, World Bank 2022)
Form of state Parliamentary democracy with a Constitutional Monarchy
Head of government Fumio Kishida  (PM)
Next elections By  October 2025, House of Representatives
  • Robust external position (current account surplus, low public external debt)
  • Innovative industries and high-quality products
  • Large financial surplus of non-financial corporations
  • Developed country in a dynamic region
  • Low inflationary pressures
  • Relative political stability
  • Vulnerable to natural disasters
  • Aging population
  • Huge public debt and large public deficits
  • Highly dependent on energy imports
  • Strong competition from neighboring countries in the semiconductor industry

Trade structure by destination/origin

(% of total, 2022)

Exports Rank Imports
China 19.4%
1
21.0% China
United States 18.7%
2
10.1% United States
Korea, Republic of 7.2%
3
9.8% Australia
China, Taiwan Province of 7.0%
4
5.1% United Arab Emirates
China, Hong Kong SAR 4.4%
5
4.7% Saudi Arabia

Trade structure by product

(% of total, 2022)

Exports Rank Imports
Road vehicles 17.9%
1
13.6% Petroleum, petroleum products and related materials
Electrical machinery, apparatus and appliances, n.e.s. 9.1%
2
8.0% Gas, natural and manufactured
Specialised machinery 8.7%
3
7.9% Telecommunication and sound recording apparatus
Other industrial machinery and parts 5.1%
4
6.7% Coal, coke and briquettes
Telecommunication and sound recording apparatus 5.1%
5
5.1% Electrical machinery, apparatus and appliances, n.e.s.