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Archive for the ‘Japan’ Category

Japan’s export sector continues to demonstrate resilience, posting a stronger-than-expected 3.8% year-on-year growth in November. This performance reflects robust global demand and the advantages of a competitive yen, reinforcing Japan’s position as a key player in international trade.   Chip Making equipment emerged as a standout, with significant demand from Taiwan and China driving growth. […]

Bilateral Trade Relation, Japan, News

December 19, 2024

Japan has resumed its strawberry exports to the Philippines, signaling a positive step in the expanding trade relationship between the two countries. Following an agreement between Japan’s Ministry of Agriculture, Forestry, and Fisheries and Philippine quarantine authorities, the export ban imposed due to pest concerns has been lifted, creating new opportunities for both nations.   […]

Agricultural Exports, Japan, News

December 16, 2024

Japan’s sweet potato exports have experienced remarkable growth, showcasing the country’s innovative approach to agriculture and its commitment to meeting international market demands. In 2023, export volumes reached 6,200 tons, marking a tenfold increase in shipment value over the past decade. This surge underscores Japan’s focus on quality and adaptability in global trade.   Agricultural […]

Peru and Japan have taken a significant step forward in strengthening their trade relations with the signing of key defense and mining cooperation agreements. The deals were officially signed by Peru’s President Dina Boluarte and Japan’s Prime Minister Shigeru Ishiba, following the Asia-Pacific Economic Cooperation (APEC) summit hosted in Lima.   These agreements focus on […]

International Trade, Japan, News

November 13, 2024

Japan is preparing to reinstate subsidies for electricity and gas prices from January, a proactive measure aimed at supporting households and energizing the broader economy in response to rising fuel costs. Expected to continue through March, these subsidies are poised to not only ease financial pressures on consumers but also stimulate economic activity—a move that […]

Japan is set to energize its semiconductor and artificial intelligence (AI) sectors with a transformative $65 billion investment plan, designed to strengthen both its domestic technology capabilities and its position in global trade. Announced by Prime Minister Shigeru Ishiba, the initiative will offer substantial subsidies and financial incentives to support the growth of Japan’s high-tech […]

The Combined Exhibition of Advanced Technologies (CEATEC) and Japan Mobility Show Bizweek launched on October 15, 2024, at the Makuhari Messe convention center in Chiba, celebrating a new era of collaboration between the electronics and automotive industries. This joint event, organized by leading industry associations, aims to strengthen international trade by fostering innovative partnerships as […]

The International Trade Council has announced a major advancement for Australia’s table grape industry following the successful conclusion of negotiations with Japan. The Australian government has revealed that restrictions on grape varieties have been lifted, significantly enhancing export opportunities.   As of last week, Australian producers can now export over 130 varieties of table grapes […]

International Trade, Japan, News

July 18, 2024

Recent trade statistics from Japan indicate slower-than-expected growth in both exports and imports during June, reflecting ongoing economic complexities both at home and abroad. In June, Japanese exports rose by 5.4% year-on-year, below the forecasted 6.4% growth and a deceleration from the 13.5% increase seen in the previous month. Similarly, imports grew by 3.2% year-on-year, […]

In a bid to secure stable, long-term supplies of liquefied natural gas (LNG), resource-scarce Japan has deepened its partnerships with close allies Australia and the United States. This strategic move comes as key contracts from various providers are set to expire by the early 2030s. Last month, JERA, Japan’s leading power generator, finalized an agreement […]

International Trade, Japan, News

March 6, 2024

In a commitment to bolster inclusive global trade, Japan pledges EUR 115,000 (about CHF 108,000) to the WTO’s Global Trust Fund for 2024, aiming to support training programs for government officials from developing economies and least-developed countries (LDCs).   This contribution underscores Japan’s dedication to enhancing the trade-related capabilities of developing nations, enabling them to […]

International Trade, Japan, News

February 21, 2024

In January, Japan experienced a remarkable surge in exports to China, marking a 29.2 percent increase year-on-year, according to reports from Japanese media outlet Nikkei. This surge played a significant role in Japan’s overall export growth for the month, underscoring the robust economic ties between the two nations.   The substantial rise in exports reflects […]

International Trade, Japan, News

February 21, 2024

In a positive development for Japan’s economy, January’s export figures surpassed expectations, driven by strong shipments of automobiles and automotive parts to the United States, along with increased demand for chip-making equipment from China. According to Ministry of Finance data released on Wednesday, exports grew by 11.9% compared to the same period last year, outpacing […]

Japan, News, Trade Relations, Ukrain

February 19, 2024

In a bid to bolster economic cooperation, Japan and Ukraine have embarked on negotiations for an investment treaty, signaling a new chapter in their bilateral relationship. Prime Minister Fumio Kishida of Japan welcomed Ukrainian counterpart Denys Shmyhal in Tokyo, where they discussed avenues for deepening ties and fostering mutual prosperity.   During the meeting, Prime […]