Atradius Country Report: Japan July 2013

Summary of Report

General Information

• Capital - Tokyo
• Government type: Parliamentary government with a constitutional monarchy
• Currency - Yen (JPY)
• Population - 127.6 million

Still obstacles to a comprehensive rebound

• Massive quantitative easing and fiscal stimulus will spur growth in 2013 and 2014
• However, the budget deficit is likely to exceed 10% of GDP in 2013
• Business insolvencies expected to decrease 2% this year

Main import sources (2012, % of total)

• China - 21.3%  
• USA - 8.6%
• Australia - 6.4%
• Saudi Arabia - 6.2% 
• United Arab Emirates - 5.0%
• South Korea - 4.6%

Main export markets (2012, % of total)

• China - 18.1%
• USA - 17.6% 
• South Korea - 7.7%
• Taiwan - 6.2%
• Thailand - 5.5%

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