S2E2: Japan: From Exporter of Goods to Exporter of Capital DataSpot

Once upon a time, Japan was growing at a rapid pace. It was an export powerhouse too. In the '80s, its export share crossed 10% of global exports. Now, things have changed. It has been caught in many socio-economic problems that hinder its growth. Its export engine no longer outpaces others. Its share in global exports has fallen to just 3% in 2022, even lower than it was in the 1960s! The country now runs a trade deficit.

But still, the country runs a large current account surplus. Sustained low interest rates have meant that the country is now one of the largest exporters of capital in the world. Often neglected, the primary income balance component from the balance of payments, has been more than offsetting the rising trade deficit.

But when and how did it happen? That and more in this episode of DataSpot Podcast.

Follow:
IndiaDataHub - https://www.indiadatahub.com, Linkedin - /indiadatahub, Twitter - /IndiaDataHub
Ashutosh, Co-founder of IndiaDataHub - LinkedIn - /ashutoshdatar, Twitter - /adatar
Swapnil, Host - LinkedIn - /swapkar, Twitter - /Swap_Kar
Anisha, Co-host - LinkedIn - /anisha0724


Feedback/queries/suggestions on podcast@indiadatahub.com