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By Jamie Francis on May 16, 2011 |Business
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Many doors have been opened in recent years allowing Western companies to establish trading relationships with counterparts in Japan, and as these links have grown, so has the number and variety of worldwide courier services to meet these needs.
Depending on which measurement is used, Japan is either the second or third largest economy in the world. Guarantees of employment for much of the country’s workforce, along with the national policy of keiretsu, which lays down tightly-prescribed structures for the relationships between the country’s manufacturers, distributors and suppliers, which were highly-prized features of Japan’s post-Second World War economy, have had to be abandoned as the government’s priorities have switched to bringing the country’s fiscal deficit under control.
Nevertheless, such a large economy still requires substantial amounts of imported goods in order to function properly, and in 2009 Japan’s imports were valued at just under $500billion – or about £320billion. Large quantities of raw materials for the country’s highly technologically advanced industries, as well as fuels, food, chemicals and textiles, are imported into Japan every year, and with a population of 127million, demand for these products is likely to remain high in a country whose natural resources are insufficient to meet its long-term needs.
But when this is balanced against the country’s highly sophisticated manufacturing sector, which produces goods which are in high worldwide demand, Japan’s central position to the world economy becomes very clear. While the sheer volume of goods, especially electronics, high-tech and machinery, is massive, the country’s large service sector – accounting for three-quarters of Japan’s total output – has benefited greatly from links with international businesses, and this has brought major prosperity to the country. Measured by the ‘Big Mac Index’ – the amount of time it takes a worker on the average salary to earn enough money to buy one of the eponymous burgers – Japanese workers earn the highest hourly wages in the world.
The opportunity to work in the most technologically advanced businesses and the second biggest financial market in the world has lured many Western people. Alongside Japanese businesses, they too are grateful that sending a parcel to Japan is now so much easier than ever, thanks to another ever-expanding industry – logistics. Worldwide couriers have been able to exploit the opportunities presented by the massively increased need for international parcel delivery, and as a result, sending a parcel to Japan is easier to arrange, and quicker, than ever. That’s good news for millions of Japanese, but also for businesses and individuals in the West which can help meet the vibrant country’s growing appetite for our products.
A large number of expert worldwide couriers can offer the benefit of their knowledge and resources when the need arises to arrange a parcel delivery to Japan, and these can be easily tapped into online.
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About Jamie Francis
Bob Brightside is an experienced author in many sectors including travel, sport and finance.
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