CREATE YOUR FREE ACCOUNT
Already have an account? Login
Japan is well-known for its post-war “economic miracle,” which has seen it become one of the world’s largest economies. In fact, Japan’s economy is the world’s third-largest in terms of nominal GDP. The country has vast industrial capacity, and is known as one of the most important producers of vehicles and electronics in the world. As a nation, it is also the world’s largest creditor, and enjoys low rates of unemployment. Few exporters can afford not to export from the US to Japan.
Japan’s capital, Tokyo, is a major international finance center, and home to the headquarters of several of the world’s largest investment banks and insurance companies. It is one of the three “command centers” for the world economy, along with New York City and London. The city, with a metropolitan population of 35 million, also has the world’s largest metropolitan economy.
The country’s profile is such that it makes its own argument for investors and exporters. If you wish to expand your business into Asia, export from the US to Japan.