Introduction
The relation between Japan and the U.S is special, those two countries is share many aspects such as diplomatic, economic, military etc. therefore, it’s very important to compare the different between Japan and the U.S.
Japan
General information
Flag: Nisshōki[1] or Hinomaru
Anthem: “Kimigayo"
Location: East Asia, Japan is an archipelago made up of about 3,000 islands.
Climate: generally temperate, with four distinct seasons
Capital: Tokyo
Population: 128 million
Social Institutions
Family: Japan is a male-dominated society in which men dominate society and women are often seems subordinate.
Education: education is highly value in japan with the highest literacy rates in the world and students are compulsory up to nine grade.
…show more content…
The Japanese GDP grew 1% in 2016 compared to the last year
GDP Per capital: $38917
Unemployment rate: 2.8%
Inflation rate: 0.3%
Exports of goods and services (% of GDP): 17.6%
Import of goods and services (% of GDP): 18%
Trade policy: Most goods do not require an import license and can be imported freely. But some products like danger materials, animal and some high value goods need the Japanese import licenses
Customs Tariff and Taxes: Japan’s tariff is on average one of the lowest in the world, approximately 2%.
Regional Economic Integration: Japan’s economy is very relied on the foreign countries, RCEP, and CJK, FTAs will offer different potential benefits to Japan, given Japan's relatively unique economic structure in East Asia.
Some larger scale factors directly impact doing business in
…show more content…
Japanese market always consider as the most difficult market in the world according to their buying behavior.
Personal: the huge population makes Japanese have little space, especially the metropolitan areas like Tokyo. Miniaturization is a very important consideration in customer’s mind. Furthermore, while many nations have aging populations, Japan’s demographic crisis is truly dire, therefore, family will reduce the spend on leisure and tend to pay more on the medical expenses.
Geography: Japan is a small country surrounding by the seas; therefore, most resources are relying on import to drive its industrial base. There are many foreign brand in the market and the Japanese people will choose the well know brand.
Psychological: Japanese willing to buy the high-priced luxury goods to show their social status. Consumers in Japan value brand information, service, delivery, packaging & advertising as important factors
Economic: the Japanese economic had gone through a recession for a decade, so more and more family will go to the local market and discount