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Moreover, services are the fastest growing sector, outperforming manufacturing. The service sector covers many diverse activities. Wholesale and retail trade was dominant, but advertising, data processing, publishing, tourism, leisure industries, entertainment, and other industries grew rapidly in the 1980s. Most service industries were small ...
China is now Japan's largest export market, surpassing the U.S. despite a drop in overall trade, according to recent figures from the Japan External Trade Organization. Japan's exports to China fell 25.3% during the first half of 2009 to $46.5 billion, but due to a steeper drop in shipments to the U.S., China became Japan's largest trade ...
The deficit in services rose steadily from US$99 million in 1960, to nearly US$1.8 billion in 1970 and to more than US$11.3 billion in 1980 which can be attributed to rising royalty and licensing payments for Japan's acquisition of technology from other industrial countries and to rising deficits in the trade-related services of transportation ...
The following is a list of the 15 largest trading partners of Japan. These figures do not include services or foreign direct investment, but only trade in goods. The fifteen largest Japanese trading partners with their total trade (sum of imports and exports) in billions of US dollars for calendar year 2021 are as follows: [1]
Government-business relations are conducted in many ways and through numerous channels in Japan.The most important conduits in the postwar period are the economic ministries: the Ministry of Finance and the Ministry of Economy, Trade and Industry (METI, formerly the Ministry of International Trade and Industry, known as MITI).
Mechanisms used by the Japanese government to affect the economy typically relate to trade, labor markets, competition, and tax incentives. They include a broad range of trade protection measures, subsidies, de jure and de facto exemptions from antitrust statutes, labor market adjustments, and industry-specific assistance to enhance the use of ...
The following is a list of the exports of Japan. Data is for 2016–2020, in millions of United States dollars, as reported [1] by The Observatory of Economic Complexity. Currently the exports contributing at least 0.67% to total export in any year are listed.
Japan External Trade Organization (日本貿易振興機構, Nihon Bōeki Shinkōkikō, also ジェトロ; JETRO) is an Independent Administrative Institution established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka in February 1952, reorganized under the Ministry of International Trade and Industry (MITI) in 1958 (later the Ministry of Economy, Trade and ...