Japan’s GDP

:

(* indicates forecasted data)

Sector wise distribution on GDP:

Automobile Manufacturing is a Core Industry in Japan:
The automotive industry is one of the Japanese economy’s core industrial sectors. Japan’s automobile industry produces the second largest amount of vehicles in the world behind China. However, Japanese automobile companies remain among the most valuable and technologically advanced in the world. Japan is home to six of the top twenty largest vehicle manufacturers in the world – Toyota (1st), Renault-Nissan (4th), Honda (8th), Suzuki (10th), Mazda (14th), and Mitsubishi (16th). In 2009 automotive shipments accounted for 15.3% of the total value of Japan’s manufacturing shipments, and 34.9% of the value of the machinery industries’ combined shipments. Automotive shipments (both domestic and export shipments, including motorcycles, auto parts, etc.) in value terms totaled 40.5 trillion yen in 2009, down 28.5% from the previous year. In 2010 Japan’s gross exports and imports increased from the previous year, by 24.4% and 18.0% respectively. In value terms, automotive exports expanded 34.5% to 12.6 trillion yen, with motor vehicle and parts exports rising but motorcycle exports declining. Automotive imports also increased, by 31.4% year-on-year to 1.1 trillion yen, with both motor vehicle and parts imports showing growth. In 2010 motor vehicle production in Japan increased for the first time in three years, totalling 9.63 million units, up 21.4% over the previous year. Passenger car production grew 21.1% to 8.31million units. Within that category, standard car production surged 40.1% to a total of 4.85 million units, small car production grew 0.6% to 2.16 million units, and mini car production rose 3.8% to 1.31 million units. Truck and bus production also showed an increase over 2009, growing 22.8% to 1.21 million units and 26.0% to 109,000 units, respectively.

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