Japan

Japan remains one of the world's largest economies by GDP and is among the most important trading nations in the world.

Japan is the world's third largest economy by GDP and the fourth largest trading nation in the world. Its share market is the fifth largest by market cap, and holds the second largest foreign reserves at USD 1.4 trillion.

Given its traditional values and unique business structures, Japan market entry services are necessary for those wanting to experience success. The entrance process can be complex and challenging, but the upside is certainly worth it. There is a reason why so many Fortune Global 500 companies are based here.

The country is a powerhouse of innovation and hi-tech manufacturing, as well as being the second-largest producer of automobiles. Japan has managed to run an annual trade surplus and is the world’s leading creditor nation despite being the fourth largest importer in the world.

However, there are a few potential issues to take note of. Firstly, the rapid growth of other Asian economies nearby, particularly China, South Korea, and Taiwan, means there is more competition in key industries. Additionally, Japan is still searching for ways to overcome its aging and declining population, which could lower productivity and increase social security costs.

Why Japan?

The Japanese market remains high value and sophisticated with consumers having a taste for quality international goods and services. The shift in Japanese demographics is leading to demand for trend-setting pharmaceuticals, medical technologies, and advanced manufacturing solutions, along with high-value financial and travel services.

The degree of Japan’s integration with the United States and other Western economic systems continues to provide opportunities in advanced sectors, including aerospace, energy, security, and consumer technology.

Japan market entry services from Asian Insiders

Simply put, businesses without local connections and knowledge who try to do things their own way will struggle in Japan. The country retains the utmost respect for traditional values and structures which international entities cannot ignore.       

Asian Insiders offers deep local expertise and years of established connections with officials and business leaders that will assist our client organisations in connecting and engaging with the Japanese market.

Click here to take our Readiness Check to see if you’re ready to enter Japan

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