Japan Market

Economically, Japan is one of the most highly developed nations in the world. Its gross domestic product (the value of all the goods and services produced in Japan in one year) is the second highest in the world, and Japanese brands like Toyota, Sony, Fujifilm, and Panasonic are famous across the globe.

 

Manufacturing is one of Japan's strengths, but the country has few natural resources. One common pattern is for Japanese companies to import raw materials and then process them to make finished products, which are sold domestically or exported.

One of the most promising fields for future economic growth is robotics, in which Japanese technology leads the world. ASIMO, a humanoid robot developed by Honda, can walk on two legs and speak human language. In the near future, robots will be active in a range of fields and may even live alongside humans, just like in science-fiction films.

 

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. In fact, Japan has one of the lowest rates of food self-sufficiency of all industrialized countries. This means it has to import a high percentage of its food from abroad. Japan does, however, have abundant marine resources. Fish is an important part of the Japanese diet, and Japan's fishing industry is very active.

 

Japan's transport system is highly developed, with road and rail networks covering virtually every part of the country together with extensive air and sea services.

Shinkansen, or bullet trains, are express trains that travel at top speeds of 250 to 300 kilometers per hour. The Shinkansen network has six routes that spread out from Tokyo and Osaka. The Shinkansen is considered one of the fastest and safest railroad systems in the world.