Japan is a country in east Asia. It has a developed mixed economy. Today, Japan has a population of one hundred twenty-five million, five hundred thousand people. the capital of Japan is Tokyo and is the major economic hub of the country. Tokyo has a population of fifteen million people. Other major, cities include; Yokohama, Osaka, Nagoya, Kobe, and Fukuoka.
Japan’s economy is the fourth-largest in the world with a nominal gross domestic product of four trillion four hundred billion United States dollars and a per capita gross domestic product of fifty thousand dollars. The size of the economy of Japan only comes after that of the United States of America, China, and Germany. Despite reports of stagnation over the last fifteen years, the economy of Japan is still a stabilizing factor in global trade especially since it is an important export destination for American, Chinese, European, and African goods.
✅ Stay Connected With Me.
👉Facebook: https://www.facebook.com/LaurusPlacesandPeople
👉Tiktok: https://www.tiktok.com/@laurusplaces
👉Twitter: https://twitter.com/LaurusPlaces
👉Pinterest: https://www.pinterest.com/LaurusPlacesandPeople/
👉Tumblr: https://www.tumblr.com/blog/laurusplaces
✅ For Business Inquiries: ovirtusnavitas@gmail.com
=============================
✅Important Link to Follow
https://laurus-newsletter.beehiiv.com/
✅ Recommended Playlists
👉MUST SEE PLACES
👉ECONOMIES
✅ Other Videos You Might Be Interested In Watching:
👉DISCOVER THE SEVEN MUST-SEE DESTINATIONS IN CANADA. Explore Canada Canada travel Wanderlust
👉UNVEILING CANADA’S AMAZING ECONOMIC POWER
👉JOURNEY THROUGH TIME: UNVEILING CANADA’S RICH HISTORY.
👉FINDING CANADA’S SERENE BEAUTY
👉WHAT DO THEY SPEAK
=============================
✅ About LAURUS PLACES AND PEOPLE.
Hello all, welcome to this Channel.
This place has positive content about the different countries, their regions, cities, towns, businesses, and people worldwide. Enjoy the facts and trivia and get inspired to see the different places featured on this channel.
For Collaboration and Business inquiries, please use the contact information below:
📩 Email: ovirtusnavitas@gmail.com
🔔Ready for Travel adventures and inspiration? Hit subscribe for your weekly journey through the vibrant cities, towns, and cultures that make our world wonderful.
https://www.youtube.com/@laurusplaces/tutorials?sub_confirmation=1
=================================
ADD HASHTAG HERE
Disclaimer: I do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research.
Copyright Notice: This video and my YouTube channel contain dialogue, music, and images that are the property of LAURUS PLACES AND PEOPLE. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to my YouTube channel is provided.
© LAURUS PLACES AND PEOPLE
Hello and welcome back to Loris places and people in today’s video we will examine the major positive aspects of Japan’s economy today Japan has a population of 125 mil 500,000 people the capital of Japan is Tokyo and is the major economic Hub of the country Tokyo has a population of 15 million people
Other major cities include yokahama Osaka ngoya Kobe and Fukuoka today Japan’s economy is the fourth largest economy in the world with a nominal gross domestic product of 4 trillion 400 billion United States dollar and a per capita gross domestic product of $50,000 the size of the economy of Japan
Only comes after that of the United States of America China and Germany despite reports of stagnation over the last 15 years the economy of Japan is still a stabilizing factor in global trade especially since it is an important export destination for for American Chinese European and African Goods the Japanese agricultural sector
Accounts for 1 and a half% of the total country’s GDP however only 12% of Japan’s land is suitable for farming intensive agriculture is practiced through terracing farmlands especially in mountainous areas where many farmers have small plots from this intensive way of farming Japan has the world’s highest
Levels of crop yields per unit area with an overall agricultural self-sufficiency rate of about 50% on 14 million Acres cultivated rice is the most common crop farmed and it accounts for almost all of Japan’s cereal production large quantities of other cereals like wheat barley corn and soybeans orted from
China Australia the US and Brazil forestry is another major sector of the economy 2/3 of Japan is covered with forests half of all forests in Japan are planted forests of Cedar and Cyprus which were planted after the Pacific War in an attempt to produce construction material however with the economic boom starting in the 1950s Most
Japanese switched from building with wood to reinforced concrete today many of the Japanese forests are overgrown and need thinning forestry Still Remains of absolute importance for construction paper crafts household tools and Furniture manufacturers within agriculture the subs sector of fishing is a very important Mainstay in the Japanese economy and culture the
Japanese fishing industry both domestic and overseas has long been cented on the sukij fish market in Tokyo which is one of the world’s largest wholesale markets for fresh frozen and processed Seafood in the last 3 years Japan’s total fish output was between 4 million metric tons and 5 million tons among the many
Seafood species caught as sardines salmon skipjack tuna crab seab bream sories tuna shrimp Pollock squid clams mackerel and Japanese amberjack freshwater fishing including salmon trout and eel hatcheries and Fish Farms takes up 30% of Japan’s fishing industry there are more than 250 fish species in the rivers of Japan including native
Varieties of catfish chub Herring and GOI as well as such freshwater crustations as crabs and crayfish marine and freshwater aquaculture is conducted in all 47 pre fures in Japan Japan maintains one of the world’s largest fishing fleets and accounts for nearly 15% of the global catch prompting some
Claims that Japan’s fishing is leading to depletion in fish stocks such as tuna Japan has also sparked controversy by supporting Quai commercial whaling Japan also has greatly Advanced the techniques of aquaculture or sea farming in this system artificial insemination and hatching techniques are used to breed fish and shellfish which are then
Released into rivers or Seas the these fish and shellfish are caught after they grow bigger salmon is raised this way of Japan’s 2,000 fishing ports the most famous ones include Nagasaki in southwest kushu kushiro and abashiri in Hokkaido major fishing ports on the Pacific coast of honu include hatchin no
Kesa and Nino Maki along the San Ru Coast as well as chosi yau and misaki to the east and south of Tokyo two of the largest fishing companies in Japan and nipon sus and kaisha maruan nichiro each employs more than 8,000 people and owns subsidiaries around the world the
Manufacturing sector in Japan is world famous producing some of the most technologically advanced Goods Japan is the world’s third largest producer of manufactured goods manufacturing and Industry account for 28% of Japan’s gross domestic product major industrial hubs in Japan include the kai region around Asaka the takai region around
Ngoya and the Kanto region around Tokyo the the goods produced include consumer electronics like televisions sound systems video game sets automobile manufacturing Machine Tools semiconductor manufacturing Optical fibers opto Electronics Optical media faximile and cofy machines processed foods beer textiles ship building and pharmaceuticals Japan’s world famous automobile industry is the third largest
In the world by output and but has the largest car manufacturer in the world Toyota other famous a automobile brands in Japan include Lexus Honda Nissan Mitsubishi Subaru Mazda Aura Suzuki and Isuzu the other world famous Japanese technology and consumer electronics brands are Sony sharp Panasonic TDK Yamaha Fujitsu Toshiba Canon Kera Rico
Kuka manala Pioneer Hatachi the service sector in Japan includes banking Insurance Telecommunications real estate Transportation tourism Hospitality education 70% of Japan’s gross domestic product comes from the services sector Finance Banking and trade insurance and transportation are the most significant contributors to the services sector with famous companies like Mitsubishi ufj
Mizuo NT TECO nura Mitsubishi estate Eon mitsui sumomo SoftBank Jr East 7 and i k DDI and Japan Airlines in finance and trade the Tokyo Stock Exchange is most significant on the Asian continent because it’s the third largest in the world by market capitalization the two major indexes are
The Nay 225 and the topic both on the Tokyo Stock Exchange the Tokyo and the Saka stock exchanges merged in January 2013 to create one of the largest stock exchanges in the world other major stock exchanges in Japan are the saporo Securities Exchange the the Fukuoka Stock Exchange and the ngoya stock
Exchange Japan has a growing tourism sector and has attracted more than 15 million visitors for each of the last 3 years the major attractions include the cities of Tokyo Osaka Kobe Kyoto and the hedi castle for winter sports enthusiasts hikido is a top destination because it has several ski resorts so if
Japan is very productive where do the Japanese sell all their products and services in 2023 Japan exported Goods with $910 billion and the major export destinations for Japan’s products were one China with a share of 19% of goods and services produced worth 144 billion
20 USA with a share of 18 a. half% of goods and services worth $139 billion three South Korea bought goods and services worth 54 billion do and other Asian countries like Vietnam Singapore Hong Kong Thailand Indonesia and Malaysia altogether bought $160 billion worth of Japanese Goods representing 32%
Of total goods and services traded in that year the major Goods exported from Japan in 2022 included $142 billion in nuclear reactors boilers machinery and mechanical appliances 137 billion in vehicles vehicle parts and accessories $13 billion in electrical machinery and equipment and parts thereof sound recorders and television image and sound
Recorders and reproduces and parts and accessories $39 billion in Optical photographic cinematographic measuring checking Precision medical or surgical instruments and parts and accessories $34 billion in Iron and Steel and $26 billion in Plastics on the import side Japan imported $898 billion worth of goods and services in 2022 from the
Following countries from China 190 billion worth of goods from the United States 91 billion worth of goods from Australia 88 billion from the United Arab Emirates 45 billion from Saudi Arabia 42 billion and from all the other Asian countries like South Korea Thailand Indonesia Vietnam a total of
$132 billion the types of goods imported by Japan in 2022 were $254 billion of mineral fuels mineral oils and products of the distillation bituminous substances mineral waxes point1 22 billion of electrical machinery and equipment and parts thereof sound recorders and reproducers television image and sound recorders and reproduces
And parts and accessories of such articles three $71 billion of nuclear reactors boilers machinery and mechanical Appliances parts thereof four $31 billion of ORS slag and Ash five $22 billion of vehicles other than Railway or Tramway Rolling Stock and parts and accessories thereof in 2022 the four largest companies in Japan by Revenue
Were Toyota Motor Corporation with revenues of 280 billion Mitsubishi group with revenues of $153 Billion Honda Motor Company Limited with revenues of $129 billion itochu Corporation had revenue of $19 billion nipon Telegraph and telephone Corporation had revenue of 108 billion in this final part of our video let’s look at four types of
Investment opportunities in Japan that have the potential to make a lot of money the first is web-based Payment Systems Japan is one of the most technologically advanced country on the planet and has over 50% of its population already using online connectivity for daily transactions therefore web-based payment
Systems are a prime investment in Japan second the human resources management systems it is no secret that Japan has a strong working culture and this can be enhanced by modern Human Resources management systems which can work to modernize the office culture and promote efficiency and Effectiveness in an
Economy that has seen productivity drop over the last two decades the third area is crowdfunding Management Systems Japan is a lucrative market for crowdfunding Investments especially among the Millennials who might not easily access huge funds from the banks with crowdfunding Management Systems the ideas can be funded from across the
Globe with easy tracking and supervision fish farming is very lucrative in Japan because Seafood is a staple of Japanese Cuisine Japan has a large population which lives mostly along the coastal areas and this makes Seafood a primary source of food internationally the seafod from Japan is Renown for its high
Quality too that’s it for today thank you for watching and for those who haven’t yet please subscribe to Lura places and People