🤔 Why invest in a Japanese investment attraction strategy?

🇯🇵🇺🇸 Japan is one of the United States’ most important trade and investment partners. In 2022, bilateral U.S.-Japan trade in goods and services was worth $309 billion (International Trade Administration U.S. Department of Commerce, 2024).

Here are four specific reasons according to the U.S. Department of Commerce why you should be investing in a Japan strategy for your business.

 📌 Japan has a strong and thriving economy. Japan is the fourth largest economy in the world after the United States, China, and India. It is the fourth largest importer of U.S. products after Canada, Mexico, and China.  

📌 Japan is home to consumers with high purchasing power. Japan’s consumer economy is large, broad-based, and sophisticated. The country’s per capita income of about $35,390 underpins its strength as a consumer market. 

📌 Japan is one of America’s strongest education partners. During the 2021-2022 academic year, Japan ranked as the 11th largest source of students studying at higher education institutions in the U.S. There were 13,449 Japanese students studying in the United States, a 14.1% increase from the previous school year. The deep education partnership between the two nations make it easier for companies from both countries to shape present and future demands in various sectors including research, technology, and innovation.

📌 Japan is the largest source of foreign investments into the U.S. With an FDI stock of $721 billion, Japan has emerged as the number one leading source of foreign investment in America. In all 50 states, Japan ranks among the top three of all foreign investor countries.

💡 The main point. U.S. organizations across sectors including education, manufacturing, and even economic development can expect to find strong support in Japan. So instead of asking “Why Japan?”, you should be asking “Why not Japan?”. 😉

👉 Below are this week’s biggest stories for GMI POST’s U.S.-Japan Weekly, powered by In the Loop!

Biden to host Kishida for an official visit in April

🇺🇸 WASHINGTON, D.C. — The White House announced that U.S. President Joe Biden will host Japanese Prime Minister Kishida Fumio for an official visit to the United States on April 10.

READ MORE

HADCO goes to Japan for Automotive World 2024

🇺🇸 HUNTINGTON, WV — Huntington Area Development Council (HADCO) President and CEO David Lieving, together with the West Virginia Department of Economic Development, visited the 2024 Automotive World exhibition in Tokyo, Japan.

READ MORE

Meet the 2024 JALD delegates

🇺🇸 WASHINGTON, D.C. — Ten Japanese American leaders from across the U.S. are preparing to travel to Japan for the 2024 Japanese American Leadership Delegation (JALD) organized by the U.S.-Japan Council.

READ MORE

MORE FROM GMI POST
Japan Education: Global Groundbreakers

🏫 A nation respectful of centuries-old traditions, Japan is also the well-spring of the world’s future. The high-speed train, the Walkman, and humanoid robots are just a few Japanese inventions that have transformed the lives of people across this planet. This small nation achieved its prowess in technological innovation because of its unwavering commitment to improving its education system.

Read the report when you grab a copy of Foreign Affairs Magazine’s November/December 2023 issue. You can also read the digital version of the full report here.

CONTACT GMI POST
👉🏻 Advertise in In the Loop!
Do you want to get your story in front of 12,000+ private and public sector leaders? Send us an email at [email protected] and we’ll help you get your story to the right audience.

👉🏻 Advertise in the Japan Times!
GMI POST is currently producing economic reports and investment guides for Bangladesh and the Midwest USA to be published in the Japan Times, Japan’s largest and oldest English-language daily newspaper. Send us an email to be featured.