A Flexible, Expansive Market
Ranked 5th Worldwide in Trade Volume, One of the World’s Largest Markets
Japan ranks 5th worldwide in trade volume. Surrounded by the sea, the nation has achieved economic growth through proactive importing and exporting. With a stable domestic market underpinned by well-developed infrastructure, Japan is ideally placed to accelerate your business.
Trade Volume Ranking 2022 (Unit: 100 million US dollars)
Source: Created by JETRO based on JETRO "JETRO Global Trade Investment Report 2023"
The Internationally Well-regarded Japanese Market as Confidence Booster
In addition to its stable socio-political landscape, Japan’s other great appeal for foreign-capital firms is the sheer size of its domestic market. In this huge, stable market—cited by about 50% of foreign-capital firms as the thing that attracted them to Japan—your business could truly blossom.
Source: JETRO "2023 Survey on the Business Operations of Foreign-affiliated Companies in Japan"
Japan as Your Gateway to Asia-Pacific and the World
Japan’s free trade agreements help eliminate or reduce tariffs, leading to easier access to global markets. This is a key advantage for ambitious companies. A presence in Japan could be your stepping-stone to global expansion.
Comparison of FTA Coverage Rates (Total trade, 2022)
(A = In effect, B = Under negotiation, C = Others) (Unit：Trillion US dollars)
*The status of enforcement, signature, and negotiation is as of the end of March 2024. Quoted from JETRO's "World FTA Database."
*The figures for "including under negotiation" also include those for concluded negotiations.
*If both multilateral and bilateral FTAs are progressing with the same country, the trade amount is counted in order of progress (in effect → signed → under negotiation → others).
*Due to rounding to the nearest first decimal place, the total may not necessarily add up to 100%.
Source: Created by JETRO based on Ministry of Economy, Trade and Industry "White Paper on International Economy and Trade 2024"
Still the World’s 4th Largest Economy
A long-standing global leader, Japan remains the world’s 4th-largest economy. Success here could prime your business for expansion throughout the Asian region and beyond.
GDP Ranking (2024) (Unit: Trillion US dollars)
Source: Created by JETRO based on ©World Bank, "World Development Indicators Database" Creative Commons License (Attribution 4.0 International)
PDF “Reasons to Choose Japan”
The “Reasons to Choose Japan” is also available in PDF.
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Investing in and collaborating with Japan
We will do our very best to support your business expansion into and within Japan as well as business collaboration with Japanese companies. Please feel free to contact us via the form below for any inquiries.
Inquiry FormJETRO Worldwide
Our network covers over 50 countries worldwide. You can contact us at one of our local offices near you for consultation.
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