Bilateral trade sheet Japan
This sheet gives an overview of the bilateral trade relations between Japan and Belgium.
Bilateral trade note Japan (January 2023)
In addition to general information about, for example, GDP, inflation, the number of inhabitants, global imports and exports, the unemployment rate, etc., this bilateral trade note also contains an analysis of bilateral trade with Japan, as well as an overview of the main import and export sections.
Document only available in Dutch.
Studies
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Economic study Japan (December 2022)
Japan is the world's third-largest economy, after the United States and China, and boasts several assets. Among them, Japan is a leading exporter of vehicles, machinery, electronics and robotics. The country also has a modern infrastructure, a large consumer market with a population of 126 million, very high savings reserves, a low unemployment rate and a high degree of stability.
After several waves of COVID infection in 2020 negatively impacted consumer spending, exports and inbound tourism, real GDP growth was 1.6% in 2021. GDP growth is expected to continue in the coming years and this is due to continued strong policy support measures, high vaccination coverage and declining global supply constraints. As the uncertainty associated with the pandemic and the supply of goods and services will subside, investment will also pick up.
It is in this context that the Belgian Foreign Trade Agency, in collaboration with its partners, the FPS Foreign Affairs, Flanders Investment & Trade, hub.brussels and AWEX, is organising a joint economic mission to Japan (Tokyo, Nagoya, Osaka and Kyoto) from 5 to 9 December 2022, chaired by HRH Princess Astrid, Representative of His Majesty the King.
Consult our study for an analysis of the Japanese economy.
Document only available in French and Dutch.
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Watch following interviews regarding the mission to Japan in December 2022:
Interview with HE Makita Shimokawa, Ambassador of Japan in Belgium (November 2022):
Interview with HE Roxane de Bilderling, Ambassador of Belgium in Japan (November 2022):
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