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The term "Japanese domestic market" ("JDM") refers to Japan's home market for vehicles and vehicle parts. [1] Japanese owners contend with a strict motor vehicle inspection and grey markets. JDM is also incorrectly used as a term colloquially to refer to cars produced in Japan but sold in other countries.
China is now Japan's largest export market, surpassing the U.S. despite a drop in overall trade, according to recent figures from the Japan External Trade Organization. Japan's exports to China fell 25.3% during the first half of 2009 to $46.5 billion, but due to a steeper drop in shipments to the U.S., China became Japan's largest trade ...
Japan has the third-largest financial assets in the world, valued at $12 trillion, or 8.6% of the global GDP total as of 2020. [35] [36] Japan has a highly efficient and strong social security system, which comprises roughly 23.5% of GDP. [4] [37] [3] The Tokyo Stock Exchange is the world's fifth-largest stock exchange by market capitalisation ...
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The following is a list of the 15 largest trading partners of Japan. These figures do not include services or foreign direct investment, but only trade in goods . The fifteen largest Japanese trading partners with their total trade (sum of imports and exports) in billions of US dollars for calendar year 2021 are as follows: [ 1 ]
The stock market is not the economy—just look at what’s happening in Japan. Japan’s equity markets broke a record on Thursday, when the Nikkei 225 closed at 39,098.68. It’s not just an all ...
The trade-weighted effective exchange rate index is an economic indicator for comparing the exchange rate of a country against those of their major trading partners. By design, movements in the currencies of those trading partners with a greater share in an economy's exports and imports will have a greater effect on the effective exchange rate. [1]
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