Japan and Korea export import analysis

8/10/2019 Japan and Korea export import analysis

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JAPAN AND REPUBLICOF KOREA


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JAPAN

Japanis an island nation in East Asia,located in the Pacific Ocean

Japan has the world's tenth-largestpopulation, with over 126 million people.

It is also the world's fourth-largest exporter and fourth-largestimporter.

High in metrics of prosperity : the Human Development Indexand the highest life expectancy of any country in the world


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MAP OF JAPAN


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CULTURETraditional Japanese culture has many roots in traditional Chinese culture, however Japanese culture, e

historically differed from Chinese culture and due to the separation of the two land masses, plus the enof isolation from the outside .

Japaneseis the official and primary language of Japan

Traditional Japanese clothing distinguishes Japan from all other countries around the world. The Japanword kimono means "something one wears"and they are the traditional garments of Japan.

Japanese have developed sophisticated and refined cuisine. Dishes such as sushi, tempura, and teriyaof the foods that are commonly known.

In the long feudal period governed by the samurai class, some methods that were used to train warriordeveloped into well-ordered martial arts


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POLITY

The politics of Japanis conducted in a framework of a multi-party parliamentary rdemocratic Constitutional monarchy where the Emperor acts effectively as the symstate, and the Prime Minister acts as the Head of government

The Constitution of Japan defines the emperor to be "the symbol of the state and of the people." He performs ceremonial duties and holds no real power

The chief of the executive branch, the Prime Minister, is appointed by the Emperor the Diet.

Form of government constitutional monarchy with a national Diet consisting of twohouses (House of Councilors; House of Representatives )


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IMPORT & EXPORT


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EXPORT


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Goal 1.Eradicate Extreme Poverty and

HungerGoal 2: Achieve universal primaryeducationGoal 3: Promote gender equality andempower womenGoal 4: Reduce child mortality

Goal 5: Improve maternal health

Goal 6: Combat HIV/AIDS, malaria andother diseasesGoal 7: Ensure environmentalsustainabilityGoal 8: Develop a global partnershipfor development


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TOWARDS 2015 MDGS

Poverty reduction through economic growt Japan is supporting development and nation-building by sup

education, health, rural development, small- and medium

enterprise development, and the expansion of basic social serv

well as strengthening cooperation with the poor.

As for poverty reduction from the aspect of hunger counter meaorder to promote private-sector trade and investment, Japan emp

infrastructure development and human resources development, A

example of East Asiassuccess is being applied to Africa's devel

through the Tokyo International Conference on African Develop

Basic Education Basic education is one area where Ja an can make use of


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Environment

Based on the three principles of "human security," "ownership and partner"the pursuit of environmental conservation and development "of the Eco ISDpromoting cooperation in the four priority areas of "global warming," control," "fresh water "and "conservation of the natural environment."

With the UN General Assembly resolution of the Decade of Education for SDevelopment(DESD) proposed by Japan at the WSSD, the DESD was launc2005 to 2014. Education for sustainable development covers a wide educational issues including environment, basic education, human rights, p

health. In the field of global warming, Japan announced the Kyoto Initiative in 1997

further strengthening assistance for the efforts of developing countries to adthreat mainly through ODA. Specifically the Initiative include 1coocapacity development, 2ODA loans on concessional terms and 3use and transfer of Japanese technology and know-how.


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I nformation and Communication technology (ICT)

At the Kyushu-Okinawa Summit in July 2000, Japan announced itsComprehensive Cooperation Package to Address the International DigitDivide. Through this package, Japan will promote cooperation based onpillars of 1intellectual contribution to policy and institution building, human resources development,3building ICT infrastructure and netwand 4promoting the use of ICT in development assistance

Off icial Development Assistance The Japanese International Cooperation Agency ( JICA) is the world's la

bilateral aid agency and today India is its biggest recipient. India has recclose to Rs 2,40,000 crore from JICA in overseas development assistancin various areas, including transport, energy, agriculture, water and sanit2012 alone, JICA gave India 351.8 billion ($3.5 billion) in loan, aid antechnical cooperation.


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Trade and Investment

Japan has contributed to growth in Asia by coordi

ODA with trade and investment. Japan has been ca

out World Trade Organization WTO-relate

export promotion assistance, and has sought to im

market access make approximately93% of efrom least developed countries tariff- and quota-f

with a view to accelerating developing cou

integration into the multilateral trading systems f

promotion of international trade.

Japan is also putting emphasis on investment prot


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INDUSTRY

The first Chamber of Commerce and Industry in Japan was establi

March, 1878 in Tokyo. This organization was changed to the Japan Chamber of Comme

Industry (JCCI) in 1922.

The 517 (as of April 2007) Chambers of Commerce form a larnationwide organization boasting 1.43 million members (as of March20

Chambers in Japan are designated as corporations with special status. JChambers of Commerce and Industry have the following characteristics They are regional, with one chamber for each city.

They are composed of large and small companies in every industry.

They are public, non-profit, and non-political.

They are international, having the same structure as chambers countries.


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LTD.

Honda Cars India Ltd(HCIL) is a 100% subsidiary of the Honda of Japproduction, marketing and export of passenger cars in India

Honda Cars India Ltd., (HCIL) Is A Leading Manufacturer Of PremiumIndia. The Company Was Established In 1995 With A Commitment ToHondasLatest Passenger Car Models And Technologies, To The Indian Cu

HCILsfirst manufacturing unit was set up at Greater Noida, U.P in 1997. Tfield project is spread across 150 acres and has an annual production ca100,000 units.

HCIL's second plant in Tapukara is the first car manufacturing plant in thRajasthan. Spread over an area of 450 acres, the facility is an imanufacturing unit including all functions of Forging, Press Shop, PowertrWeld shop, Paint shop, Plastic Moulding, Engine assembly, Frame assemEngine Testing facility. This plant is the culmination of the best manuknow-how and practices gathered from Hondas global operations.


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DEVELOPMENTS


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DEVELOPMENTS

1. Japan has promised to give $35 billion to India through public and private funthe next 5 years for developmental projects, including building of smart cities anof river Ganges.

2. Both sides have signed five pacts covering defence exchanges, cooperationenergy, roads and highways, healthcare and women while vowing to take their refrom strategic partnership to a special strategic partnership.

3. Japan has lifted the ban on six Indian entities including Hindustan Aeronautic(HAL) which was imposed in the aftermath of 1998 nuclear tests.

4. The two sides agreed to enhance their defence and strategic cooperation to a and also decided to speed up negotiations on a civil nuclear deal that couconcluded now.


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5. In Kyoto, a pact was signed under which Modi's Lok S

constituency Varanasi will be developed on the pattern of

'smart city' with the help of Japan.

6. Tokyo will help India in providing financial, technical

operational support to introduce Bullet trains, a project th

Modi has been actively pursuing.

7. Prime Minister Modi has asked NRIs to visit India at lonce a year to boost tourism.

8. Both sides have signed a MoU for cooperation in herit

conservation, city modernisation and cooperation in the f

of art, culture and academics. 9. Both countries have decided to build a stron , dee an


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GEOGRAPHY

Located in EaAsia

The only cou

with a land b

to South Koreis North Kore

South Korea

mostly surrou

by water and


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ECONOMY Republic Of Korea is one of the world's wealthi

nations, and is a member of the Organization foEconomic Co-operation and Development (OEand the G-20 major economies.

South Korea has a market economy that ranksin the world by nominal GDP and 12th by

purchasing power parity (PPP). It is a developed country, with a developed mar

and high-income economy.

South Korea is still one of the fastest growingdeveloped countries in the 2000s


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Source: wikipidea.org


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CULTURE

South Korea shares its traditional culture with North Korea,but the two Koreas have developed distinct contemporaryforms of culture since the peninsula was divided in 1945.

Historically, while the culture of Korea has been heavilyinfluenced by that of neighboring China, it hasnevertheless managed to develop a unique culturalidentity that is distinct from its larger neighbor.

The South Korean Ministry of Culture, Sports and Tourismactively encourages the traditional arts, as well as modernforms, through funding and education programs


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The industrialization and urbanization of South Koreahave brought many changes to the way Koreanpeople live.

Changing economics and lifestyles have led to aconcentration of population in major cities, especiallythe capital Seoul, with multi-generational householdsseparating into nuclear family living arrangements.

Because of South Korea's tumultuous history,construction and destruction has been repeatedendlessly, resulting in an interesting melange ofarchitectural styles and designs

South Korean mainstream culture, including televiseddrama, films, and popular music, also generatessignificant exports to various parts of the world


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IMPORTS


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IMPORTSSouth Korea is an export-

orientated country and the

largest exporter and 8th

largest importer in the wo

Since 2003, South Korea h

established its network of ftrade agreements to boost

and economic ties with oth

countries.

Currently, South Korea haFTAs in effect, 3 FTAs whic


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2012-2013

% share

2013-2014

% share

Growth rate

Overall growth

EXPORT

Rs. 22,87,024.72 lakh

1.4%

Rs. 25,47,092.3 lakh

1.34%

11.37%

16.56%

IMPOR

Rs. 71,33,725.25 l

2.67%

Rs. 75,28,258.41 l

2.77%

5.53%

1.73%

Source: Export Import Data

INDIA

TREND LINE


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TREND LINE

Source: Export Import Dat

-


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COMMODITIES

ExportMineral Fuels, Mineral Oils and Products

Iron and Steel

Aluminum and articles thereof

Organic chemicals

Residues and waste from food industries

Cereals

Cotton

Nuclear reactor, Boilers and machinery

Oil seed and Olea Fruits; Misc grains

Lead and articles thereof

ImportElectrical machinery

Nuclear reactor, boiler and there parts

Iron and steel

Organic chemicals

Plastic and articles

Mineral oils, mineral fuels and products

Vehicles other than railway and tramway

Ship, boats, and floating structure

rubber and articles thereof

Natural or cultured pearls, precious or semi-

precious stones

Source: Export Import Dat


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INDEX

Country/Economy

GCI 2014-2015 GCI 2013

Rank (out of 144) Score Rank (out o

Korea, Rep. 26 4.96 25

TRADE AGREEMENT


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TRADE AGREEMENT Comprehensive Economic Partnership Agreement (CEPA

between India and Republic of Korea was signed on 7th A2009. The CEPA came into force from 1st January, 2010.

Few key points of contract:

Both nations will accord each other Most favored Nation trea

in all matter relating to trade

Each party will give full consideration to suggestions made byparty which are for the development and expansion of comm

and diversification of trade between the nations.


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Documents

Japan and Korea export import analysis