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Japan External Trade Organization

An Independent Administrative Institution established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka
 Japan External Trade Organization
Leadership team

Nobuhiko Sasaki (Chairman & CEO)

Year stablished
1952
Address
Ark Mori Building, 6F 12-32, Akasaka 1-chome, Minato-ku, Tokyo 107-6006 Japan
Social Media
Summary

The Japan External Trade Organization (JETRO) is an Independent Administrative Institution that originated as a nonprofit corporation in Osaka in 1952, later reorganized under Japan's Ministry of International Trade and Industry (MITI) and then as an Independent Administrative Institution in 2003. JETRO plays a pivotal role in promoting Japan's trade and economic activities on the global stage. With over 70 offices in 54 countries and 48 regional offices in Japan, JETRO has a substantial presence worldwide, employing around 1,730 staff members.

Initially focused on facilitating exports, JETRO's mission has evolved to encompass a wide range of activities, including promoting mutual understanding with trading partners, attracting strategic investments, encouraging imports, facilitating connections between small businesses in Japan and overseas counterparts, and disseminating valuable trade-related data. Importantly, JETRO serves as a bridge between Japanese companies and the global market, offering support to foreign businesses seeking to enter or expand their operations in Japan. This support includes providing market intelligence, extensive business development assistance, organizing business events, and offering information on Japanese laws and regulations, all aimed at facilitating successful business endeavors between foreign companies and Japan. Overall, JETRO plays a crucial role in fostering international trade and economic partnerships, benefiting both Japanese businesses and the global economy.


History

The Japan External Trade Organization (JETRO) has a significant history dating back to its establishment in February 1952 as a nonprofit corporation in Osaka. Originally known as the Japan Export Trade Research Organization, its primary focus was on promoting exports from Japan to other countries. In 1958, it was reorganized under the Ministry of International Trade and Industry (MITI), which later became the Ministry of Economy, Trade and Industry (METI).

Over the years, JETRO's role evolved as Japan's trade dynamics changed. It shifted from solely promoting exports to engaging in a broader range of activities. This included fostering mutual understanding with trade partners, attracting strategic investments, encouraging imports, facilitating connections between small Japanese businesses and their global counterparts, and providing valuable trade-related information.

In 2003, JETRO underwent another transformation when it became an Independent Administrative Institution. This change allowed it to consolidate and enhance its efforts in export promotion, trade facilitation, and economic cooperation. Today, JETRO plays a vital role in promoting international trade, supporting foreign companies looking to enter the Japanese market, and strengthening economic ties between Japan and the global community.


Goals and Purpose

The primary goals and purpose of the Japan External Trade Organization (JETRO) are to promote and facilitate international trade and economic cooperation involving Japan. JETRO's key objectives include:

Export Promotion: Historically, JETRO played a crucial role in promoting Japanese exports to foreign markets, helping Japanese businesses expand their global reach.

Support for Foreign Companies: JETRO assists foreign companies in entering and expanding their operations in the Japanese market by providing valuable market intelligence, business development support, and information on Japanese laws and regulations.

Mutual Understanding: JETRO fosters mutual understanding and cooperation between Japan and its trading partners, promoting positive economic relations and partnerships.


Impact

The Japan External Trade Organization (JETRO) has had a significant impact on Japan's global trade and economic relations. Its activities have contributed to the growth and success of Japanese businesses in international markets and facilitated foreign companies' entry into the Japanese market. JETRO's role in export promotion, investment attraction, and mutual understanding has strengthened economic ties between Japan and its trading partners worldwide. Furthermore, by promoting imports and supporting small businesses, JETRO has played a vital role in diversifying Japan's economy and fostering innovation. 


References
 Japan External Trade Organization
Leadership team

Nobuhiko Sasaki (Chairman & CEO)

Year stablished
1952
Address
Ark Mori Building, 6F 12-32, Akasaka 1-chome, Minato-ku, Tokyo 107-6006 Japan
Social Media