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Asia / Market profile

Japan

A research starting point for understanding Japan from an Indian business perspective.

Last updated: 4 October 2026

India
Japan flagJapan

India-focused research

Japan country briefing artwork

Country overview

Capital
Tokyo
Region
Asia
Currency
Japanese yen (JPY)
Time zone
UTC+9; no daylight saving

Source: Time.is

View source
Japan flag

Market snapshot

Key indicators for the selected market. Country indicators are dated; trade figures use the latest available year.

Population

123.98M

2024

World Bank

View source
GDP

US$4190.01B

2024

World Bank

View source
GDP growth

-0.2%

2024

World Bank

View source
Import market size

US$725.48B

2025

WTO Tariff & Trade Data, UN Comtrade

View source
Indicator notes & verification

World Bank indicators refer to 2024. WTO merchandise imports refer to 2025 and exclude services. These years must remain distinct. Research prompts do not establish legal readiness or tariff eligibility.

Last verified: 4 October 2026

Data years: Population: 2024; GDP: 2024; GDP growth: 2024; Import market size: 2025

India-Japan trade relationship

Historical exports and leading recorded products, not a forecast of demand.

US$6.32B

+14.7% YoY

India exports to Japan (2024)

Source: CEPII BACI HS17 via India Trade Routes

See full trade series
Trade notes
2023: US$5.51B2024: US$6.32B
Direction only; not a scaled chart.

Recorded route summary

India recorded exports to Japan in every BACI year from 2017 to 2024. In 2024, India's exports to Japan were $6.32B, up 14.7% year over year. The 3 largest HS6 products by value were Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc (HS 870322, $585.7M, 9.3% of the total); Telephones for cellular networks or for other wireless networks (HS 851712, $358.0M, 5.7% of the total); Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water (HS 030617, $281.2M, 4.4% of the total).

Top Indian exports to Japan (2024)

  1. 1
    Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc. Expand full product description.

    HS6 870322

    US$585.67M
  2. 2
    Telephones for cellular networks or for other wireless networks. Expand full product description.

    HS6 851712

    US$358.01M
  3. 3
    Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water. Expand full product description.

    HS6 030617

    US$281.19M

Why research this market?

Four research lenses to understand the market, not a recommendation to enter it.

Demand

Japan recorded US$725.48B of merchandise imports in 2025. Investigate product-specific evidence; aggregate imports are not a demand forecast.

View details Demand

Source: WTO Tariff & Trade Data, UN Comtrade (2025)

View source

Check the linked evidence and its date before acting.

Capability

Review product fit, localisation, fulfilment and customer support.

View details Capability

This research guidance has no linked supporting evidence yet.

Access

Verify applicable India-Japan agreement schedules and origin requirements. Specific tariff entitlement has not been established here.

View details Access

This research guidance has no linked supporting evidence yet.

Expansion

Assess operating requirements, staffing, costs and decision points before committing.

View details Expansion

This research guidance has no linked supporting evidence yet.

Explore sectors

Choose a research focus. No sector has been established as an opportunity in this country.

Market entry

Possible routes to evaluate, not recommendations for this country.

Direct sales

Evaluate contracting, fulfilment and customer support requirements.

  1. 01Indian business

  2. 02Entry route

  3. 03Buyer or partner

  4. 04Local operations

  5. 05Expansion

Questions before entering

Check these against your product, HS code and business model.

Regulatory & compliance

Verify current requirements with the relevant authority before acting. This is not legal or tax advice.

01

Business registration

JETRO outlines procedures for registering a business. Verify requirements for the proposed structure and activity.

Source: JETRO

View source
View details Business registration

What to verify

JETRO outlines procedures for registering a business. Verify requirements for the proposed structure and activity.

Relevant source: JETRO

Last verified: 4 October 2026

View source
02

Import & export

Verify classification, restrictions and product-specific import requirements.

View details Import & export

What to verify

Verify classification, restrictions and product-specific import requirements.

03

Tax

JETRO's establishment guide includes tax information. Verify current entity and transaction treatment.

Source: JETRO

View source
View details Tax

What to verify

JETRO's establishment guide includes tax information. Verify current entity and transaction treatment.

Relevant source: JETRO

Last verified: 4 October 2026

View source
04

Data & privacy

Verify privacy and processing obligations for the data and services involved.

View details Data & privacy

What to verify

Verify privacy and processing obligations for the data and services involved.

05

Product requirements

Verify applicable standards, labelling, conformity and approvals.

View details Product requirements

What to verify

Verify applicable standards, labelling, conformity and approvals.

06

Sector-specific regulation

Identify the relevant regulator and confirm activity permissions.

View details Sector-specific regulation

What to verify

Identify the relevant regulator and confirm activity permissions.

India connection

Explore sourced bilateral information relevant to Indian businesses.

No institutional endorsement or partnership is implied.

IndiaJapan flagJapan
01

India-to-country trade

Explore recorded exports and products in the trade section above.

View trade data
02

Bilateral agreement

Verify official India-Japan agreement provisions and origin requirements before assuming preferential treatment. Specific product eligibility remains pending verification.

View details Bilateral agreement

Verify official India-Japan agreement provisions and origin requirements before assuming preferential treatment. Specific product eligibility remains pending verification.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

03

Relevant Indian institutions

The Indian Embassy in Tokyo provides official bilateral resources. No endorsement is implied.

Source: Indian Embassy Tokyo

View details Relevant Indian institutions

The Indian Embassy in Tokyo provides official bilateral resources. No endorsement is implied.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Indian Embassy Tokyo

Last verified: 4 October 2026

View source
04

Potential ecosystem connections

Identify potential partners through further research. No relationship is implied.

View details Potential ecosystem connections

Identify potential partners through further research. No relationship is implied.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

05

Relevant bilateral resources

Consult official embassy resources and verify the source date and scope.

Source: Indian Embassy Tokyo

View details Relevant bilateral resources

Consult official embassy resources and verify the source date and scope.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Indian Embassy Tokyo

Last verified: 4 October 2026

View source

What should a business research next?

Identify the product and HS code, test buyer demand, verify standards, origin eligibility, imports and taxes, then compare operating routes.

  1. 01

    Understand the market

  2. 02

    Identify relevant sectors

  3. 03

    Assess your readiness

  4. 04

    Evaluate entry routes

  5. 05

    Identify partners

  6. 06

    Build an expansion plan

Discover → Prepare → Connect → Expand

Turn research into a plan

Start with your business context before drawing conclusions about a market.

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