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In 1980 Western Europe supplied only 7.4 percent of Japan's imports and took 16.6 percent of its exports. However, the relationship began to change very rapidly after 1985. West European exports to Japan increased two and one-half times in just the three years from 1985 to 1988 and rose as a share of all Japanese imports to 16 percent.
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]
[107] [108] Japan imports large quantities of wheat and soybeans. [105] Japan is the 5th largest market for the European Union's agricultural exports. [109] [needs update] Over 90% of mandarin oranges in Japan are grown in Japan. [108] Apples are also grown due to restrictions on apple imports. [110]
Japan's exports climbed 4.3% in September from a year earlier as shipments of vehicles, machinery and electronics rose while imports of oil and gas fell sharply, the government said Thursday.
The surplus reached a record US$18.2 billion in 1978, promoting considerable tension between the United States and Japan. In 1979 petroleum prices jumped again, and Japan's trade balance again turned to deficit, reaching US$10.7 billion in 1980. Once again, rapid export growth and stagnant imports returned Japan quickly to surplus by 1981.
The boom that started in 1986 was generated by the decisions of companies to increase private plant and equipment spending and of consumers to go on a buying spree. Japan's imports grew at a faster rate than exports. Japanese post-war technological research was carried out for the sake of economic growth rather than military development.
BEIJING (Reuters) -China will tighten its scrutiny on food from Japan and maintain curbs on some Japanese imports, the government said on Friday, citing Tokyo's decision to discharge treated ...
Japanese firms were not very successful in exporting mainframe computers, but they did very well in peripheral equipment, such as printers and tape drives. In the rapidly growing personal computer market, Japan achieved a major market share in the United States during the 1980s. Imports of computer equipment in 1988 came to US$3.2 billion ...