Japan is an Asian country. Japan was the world’s fourth-largest importer country in 2020, according to import data. In 2020, Japan’s imports reached USD 634.5 billion, decreasing 12% from 2019.
Japan imported products worth USD 720.9 billion in 2019, according to import figures. With a population of 125.8 million people, the value of Japan’s imports in 2020 equated to almost USD 5,000 in annual product demand from each individual in this densely populated Asian country.
Japan imports mineral fuels and oils, electronics, machines, pharma goods, and optical, photographic, and medical equipment in large quantities, according to shipping statistics. China, the United States, Australia, South Korea, Thailand, and Vietnam are the major import sources of Japan, according to trade data.
Today, Japan is one of the most powerful countries in the world. Despite its dense population, it has made the best use of its people resources. It is a market leader in the automotive and electronics industries, and it has pioneered significant technical advancements. Japan has around 300 ports, both small and large, that contribute to the country’s economic and infrastructure growth.