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In the years following World War II, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (1% of GDP) helped Japan develop a technologically advanced economy. Today, measured on a purchasing power parity basis, Japan is the third-largest economy in the world after the US and China; measured by official exchange rates, however, Japan is the second largest economy in the world behind the US. Two notable characteristics of the post-war economy were the close interlocking structures of manufacturers, suppliers, and distributors, known as keiret...  More..

Economy of Japan
SOURCE: CIA - The World Factbook
Currency Yen
Fiscal Year 01 April - 31 March
GDP (PPP) $4.137 trillion (2009 est.)
GDP (per capita) $32,600 (2009 est.)
Exports $516.3 billion (2009 est.)
Imports $490.6 billion (2009 est.)
Main Industries Among World's Largest and Technologically Advanced Producers Of Motor Vehicles, Electronic Equipment, Machine Tools, Steel and Nonferrous Metals, Ships, Chemicals, Textiles, Processed Foods
Exports - Commodities Transport Equipment, Motor Vehicles, Semiconductors, Electrical Machinery, Chemicals
Imports - Commodities Machinery and Equipment, Fuels, Foodstuffs, Chemicals, Textiles, Raw Materials
Exports Partners US 17.8%, China 16%, South Korea 7.6%, Taiwan 5.9%, Hong Kong 5.1% (2008)
Imports Partners China 18.8%, US 10.4%, Saudi Arabia 6.7%, Australia 6.2%, UAE 6.1%, Indonesia 4.3% (2008)

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