is an
Independent Administrative Institution
An , or Independent Administrative Institution, is a type of legal corporation formulated by the Government of Japan under the Act on General Rules for Incorporated Administrative Agencies (Act no. 103 of 1999, revised in 2014). The independent age ...
established by Japan Export Trade Research Organization as a nonprofit corporation in
Osaka
is a Cities designated by government ordinance of Japan, designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the List of cities in Japan, third-most populous city in J ...
in February 1952, reorganized under the
Ministry of International Trade and Industry
The was a Ministry (government department), ministry of the Government of Japan from 1949 to 2001. The MITI was one of the most powerful government agencies in Japan and, at the height of its influence, effectively ran much of Japanese industri ...
(MITI) in 1958 (later the
Ministry of Economy, Trade and Industry
The , METI for short, is a ministry of the Government of Japan. It was created by the 2001 Central Government Reform when the Ministry of International Trade and Industry (MITI) merged with agencies from other ministries related to economic acti ...
or METI), and became an Independent Administrative Institution in 2003 to consolidate Japan's efforts in export promotion. The government has provided more than half of JETRO's annual operating budget. As of January 2020, JETRO maintained seventy-four offices in fifty-four countries, as well as forty-eight regional offices in Japan, with a total staff of 1,730 (998 domestic, 732 overseas). Its main office is located in the
Ark Mori Building in
Akasaka,
Tokyo
Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...
. Initially, JETRO's activities focused mainly on promoting exports to other countries. As exporters established themselves in world markets and the
balance of trade
Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. Sometimes, trade in Service (economics), services is also included in the balance of trade but the official IMF d ...
turned from deficit to surplus, however, JETRO's role shifted to encompass more varied activities. These have included the furtherance of mutual understanding with trading partners, strategic investment attraction, import promotion, liaison between small businesses in Japan and their overseas counterparts, and data dissemination. Import promotion services have included publications, promotion of trade fairs, seminars, and trade missions.
JETRO also provides information and support to foreign companies looking for successful entry and expansion in the Japanese market. JETRO provides a wide range of services, such as timely market intelligence, extensive business development support, and relevant business events, designed to encourage new business between foreign companies and Japan. JETRO also provides current information on the laws and regulations surrounding new business operation in Japan to assist companies in expanding their business to Japan.
Organization
Name: Japan External Trade Organization (JETRO)
Authorizing law: Japan External Trade Organization Incorporated Administrative Agency Act (December 13, 2002, Law No. 172)
Established: October 1, 2003
Representative: Nobuhiko Sasaki, Chairman & CEO
Address: Ark Mori Building, 6F 12–32,
Akasaka 1-chome,
Minato-ku,
Tokyo
Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...
107–6006 Japan
Domestic Offices: JETRO Headquarters Tokyo, JETRO Osaka, Institute of Developing Economies, JFOODO and 48 regional offices
Overseas Offices: 74 offices (54 countries) ()
Employees: 1,730 people (998 domestic & 732 overseas) ()
See also
*
Economic relations of Japan
*
List of countries by leading trade partners
For most economies worldwide, their leading export and import trading partners in terms of value are typically the United States, the European Union (EU) or China. Emerging markets such as Russia, Brazil, India, South Africa, Saudi Arabia, the UAE ...
*
List of the largest trading partners of Japan
References
External links
JETRO United States websiteJETRO Services to Expand to JapanJETRO Services to Import Japanese Goods & TechnologyJETRO Japan website
{{Authority control
Independent Administrative Institutions of Japan
External Trade Organization
Trade associations based in Japan
1951 establishments in Japan