Doing business in Japan
Japan is an advanced economy and a stable place for the UK to do business, with strong economic and political ties between the 2 countries. A track record of success at home can be effective here if you are willing to take some steps to adapt to Japanese business culture.
Japan is currently the third largest economy in the world. In the 4 quarters to the end of Q1 2019, UK exports to Japan amounted to £14.6 billion, an increase of 8.5% from the same period the previous year (ONS, 2019).
Japan has a large, rich and highly-educated consumer market who are early adopters of new products and services. The e-commerce market in Japan is set to increase by 29% between 2018 and 2022.
Some key market sectors for UK businesses looking to trade with the Japan are:
- Energy
- Technology
- Life Sciences
- Vehicles
- Food and drink
What we do
- ITSG provide a “country desk” supplying practical on the ground support to regional businesses. We act as a direct link with overseas Embassies/Chambers of Commerce. This eliminates the need for extensive travel whilst providing the service that businesses require.
- ITSG is strategically located to service businesses in North Wales and North West England
- We have serviced Office space on Wrexham Industrial Estate.
- ITSG operates on a country specific basis, focussing on markets that we know and have experience in. We do not offer an international “scatter gun approach”
- We have extensive knowledge of local businesses
- We have access to all sizes of business with multi sector experience and contacts
- All of our specialists have worked within the public and private sector. We co-operate with Welsh Govt, DIT and other government agencies.
Contact: Keith@itsgworld.com (07707 471545) Clive@itsgworld.com (07871 169572)