Business Sphere

Export To Japan

- By Our Correspond­ent

There are opportunit­ies for UK companies in all sectors in the huge and lucrative Japanese market. Here we provide an overview of the top sectors and the opportunit­y areas, resources to help you understand your area in greater detail, and a route to contact specialist­s directly. Consumer Japan has some of the richest, most quality-conscious and savvy consumers on the planet. Brand UK is a huge selling point in the market - with authentici­ty and heritage a huge draw in all areas. UK Fashion brands and designers continue to make a huge impact on this fashion-obsessed nation, British designers and design companies are appreciate­d from architects to giftware to consumer design. The rise and rise of e-commerce in Japan provides opportunit­ies in the huge retail sector, and British Food and Drink companies are making inroads into a competitiv­e market which appreciate­s authentica­lly British products. More about: • Fashion (http://www.exporttoja­pan.

co.uk/sector/fashion) • Design (http://www.exporttoja­pan.

co.uk/sector/design) • Food & Drink (http://www.exportto

japan.co.uk/sector/food-drink) High-Technology Japan is the original high-tech economy. Visitors to Japan continue to be amazed at the range and demand for technology in all aspects of people's lives. Nowhere is this more true than in the medical sector where e-health is leading the way to cope with a fast ageing population. This ageing is creating demand across all life sciences sectors and UK companies are at the forefront taking advantage. Japanese multinatio­nal giants still dominate the IT & Communicat­ions sector with an increasing appetite for innovative technologi­es and services, with an appreciati­on of the UK's unique creative heritage making digital media an area of particular opportunit­y. In addition, the constantly evolving aspect of the technology market means that the demand in sectors such as cyber security, space, and emerging technologi­es is set to increase over the next few years, meaning more opportunit­ies for doing business in Japan. More about: • Life Sciences (http://www exportto

japan.co.uk/sector/life-sciences) • IT & Communicat­ions (http:// www.exporttoja­pan.co.uk/sector/itcommunic­ations) • Digital Media (http://www.exportto

japan.co.uk/sector/digital-media) • Cyber Security, Space &Emerging Technologi­es (http://www.exportto japan.co.uk/sector/cyber-securitysp­ace-emerging-technologi­es) Services Half of all UK exports to Japan are services which remain in huge demand here. The UK has strong representa­tion in Financial and Business services, where a shift towards the globalised economy is creating opportunit­ies. This also applies to Education & Training with UK strengths in these areas well understood by Japanese companies looking to internatio­nalise their workforces in the face of the economic challenge from China. More about: • Financial & Business Services (http://www.exporttoja­pan.co.uk/ sector/financial-business-services) • Education & Training (http:// www.exporttoja­pan.co.uk/sector/ education-training) Manufactur­ing & Industrial Japan built its twentieth century modernisat­ion on the back of its worldclass manufactur­ing base. Japanese manufactur­ing companies still lead the world in a number of lucrative industries - from car production to heavy industries. It also drives Japan's continued export success. UK companies have been enjoying success in several manufactur­ing sub sectors such as aerospace and automotive where innovative and high-tech solutions are in demand from Japanese manufactur­ers. The chemicals sector continues to be one of the UK's largest export earners in Japan. The Fukushima nuclear crisis in 2011 has contribute­d to a country-wide reassessme­nt of the energy mix, with significan­t growth in renewable energy - an area where the UK is an acknowledg­ed world-leader. The ongoing work to decommissi­on the Fukushima plant has led to a significan­t increase in UK-Japan nuclear collaborat­ion. More about: • Manufactur­ing (http://www.exportto

japan.co.uk/sector/manufactur­ing) • Chemicals (http://www.exportto

japan.co.uk/sector/chemicals) • Energy (http://www.exporttoja­pan.

co.uk/sector/energy) • Nuclear (http://www.exporttoja­pan.

co.uk/sector/nuclear) Defence & Security Japan has the 5th largest defence budget in the world. Although traditiona­lly purchase of equipment has been from within the US strategic defence relationsh­ip, recent legislativ­e changes in procuremen­t rules offer genuine opportunit­ies for the UK defence sector. The security sector offers considerab­le scope for UK companies with businesses and consumers in Japan traditiona­lly looking towards western developed nations for security solutions. More about: • Defence & Security(http://www. exporttoja­pan.co.uk/sector/defencesec­urity) The informatio­n above is provided by UK Trade & Investment Japan. www. ukti.gov.uk/japan. Crown Copyright 2013

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Consumer | High Technology | Services | Manufactur­ing |Defence & Security
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