Slow return to normal
A1
LOW RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
Last updated in July 2024.
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GDP | USD4231.1bn (World ranking 3, World Bank 2022) |
Population | 125.1mn (World ranking 11, World Bank 2022) |
Form of state | Parliamentary democracy with a Constitutional Monarchy |
Head of government | Fumio Kishida (PM) |
Next elections | By October 2025, House of Representatives |
Strengths & Weaknesses
![](/content/onemarketing/aztrade/allianz-trade_com/en_global/economic-research/country-reports/Japan/_jcr_content/root/parsys/wrapper/wrapper/multi_column_grid_co/grid-0-par/wrapper_copy_copy/wrapper/image.img.82.3360.png/1718711333301/plus.png)
- Robust external position (current account surplus, low public external debt)
- Innovative industries and high-quality products
- Large financial surplus of non-financial corporations
- Developed country in a dynamic region
- Low inflationary pressures
- Relative political stability
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- Vulnerable to natural disasters
- Aging population
- Huge public debt and large public deficits
- Highly dependent on energy imports
- Strong competition from neighboring countries in the semiconductor industry
Economic Overview
Trade structure by destination/origin
(% of total, 2022)
Exports | Rank | Imports |
---|---|---|
China
19.4%
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1 |
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United States
18.7%
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2 |
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Korea, Republic of
7.2%
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3 |
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China, Taiwan Province of
7.0%
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4 |
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China, Hong Kong SAR
4.4%
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5 |
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Trade structure by product
(% of total, 2022)
Exports | Rank | Imports |
---|---|---|
Road vehicles
17.9%
|
1 |
13.6%
Petroleum, petroleum products and related materials
|
Electrical machinery, apparatus and appliances, n.e.s.
9.1%
|
2 |
8.0%
Gas, natural and manufactured
|
Specialised machinery
8.7%
|
3 |
7.9%
Telecommunication and sound recording apparatus
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Other industrial machinery and parts
5.1%
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4 |
6.7%
Coal, coke and briquettes
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Telecommunication and sound recording apparatus
5.1%
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5 |
5.1%
Electrical machinery, apparatus and appliances, n.e.s.
|
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
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