Taipei, Wednesday, October 14, 2015 05:55 (GMT+8)
partly cloudy
Digitimes Research: Japan seeing increased exports to ASEAN
Hana Hu, DIGITIMES Research, Taipei [Tuesday 1 July 2014]

Trading activities between Japan and the Association of Southeast Asian Nations (ASEAN) are growing rapidly with the two sides' import and export values both exceeding US$100 billion each year for the past five years. In 2013, the combined amount of import and export values between the two reached US$230.31 billion with ASEAN contributing 15.5% of Japan's overall export value. The values are continuing to grow, according to Digitimes Research's findings.

Japan mainly exports steel, semiconductors and car components to ASEAN. From 2009-2013, Japan's exports of raw materials include steel and transportation products including car components and each enjoyed over 10% compound annual growth rate (CAGR) each year. The export of IT products including semiconductors had less than 5% CAGR during the period because of Japan IT industry's weakening.

Looking at Japan's foreign direct investment (FDI) in 2013, ASEAN accounted for 17.5%, up from 4.8% in 2008. Among countries in ASEAN, Japan had higher FDIs in Indonesia, Thailand and Vietnam, each having over 50% CAGR from 2009-2013, Digitimes Research noted.

Japan's investment in Indonesia was the largest within ASEAN and Japan has been increasing its investments in Indonesia, helping the Southeast Asia country to advance from Japan's fifth largest invested country in 2011 to second in 2013, behind only China.

Productions of cars and related components are Japan's major investment items in Indonesia. Indonesia's large population and support from government policies also helped the country's car industry grow and enjoy sales of 1.23 million cars in 2013, up 10.2% on year with 95% of the cars made by Japan-based makers.

Thailand's governmental fluctuations also pushed Japan-based car makers to expand their investments in Indonesia, bringing component makers to establish plants in the country.

Content from this blog post was provided by the Digitimes Research Tracking team, which focuses on shipment data and market trends in the global mobile device supply chain. Digitimes Research provides quarterly tracking services for market sectors such as Global Tablet, China Smartphone, China Smartphone AP, China Touch Panel, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.

Realtime news
  • With Asia and US deployments rising, global 2015 solar PV forecast estimated at 59 GW, says IHS

    Green energy | 6h 57min ago

  • Synergy to be generated from acquisition of EMC, says Dell executive

    Before Going to Press | 7h 58min ago

  • Solar cell prices may rise in 4Q15, says Motech CEO

    Before Going to Press | 8h 3min ago

  • Taiwan solar cell order visibility through 2016 Lunar New Year, says Motech CEO

    Before Going to Press | 8h 8min ago

  • GCL-Poly, Xi'an LONGi tout Taiwan solar cell makers

    Before Going to Press | 8h 10min ago

  • Samsung, LG to mass produce OLED digital signage in 2016, says reports

    Before Going to Press | 8h 15min ago

  • China to continue PV feed-in tariff subsidies over next 8-10 years, says NEA

    Before Going to Press | 8h 17min ago

  • China Mobile completes installation of 1 million TD-LTE base stations around China

    Before Going to Press | 8h 18min ago

  • China market: TSMC seeing brisk demand for 16nm chips

    Before Going to Press | 8h 22min ago

  • Foxconn ties up with OnePlus to produce smartphones in India

    Before Going to Press | 8h 23min ago

  • Hong Kong Electronics Fair 2015 opens

    Before Going to Press | 8h 24min ago

  • Court dismisses legal action filed by ASE against SPIL

    Before Going to Press | 8h 29min ago

  • LED lighting demand in Southeast Asia market in 2015 estimated at US$1.5 billion

    Before Going to Press | 8h 31min ago

  • Samsung to use Clear Force touch technology in Galaxy S7 handset, says report

    Before Going to Press | 8h 32min ago

  • Taiwan has advantage in flexible electronics industry, says ITRI

    Before Going to Press | 8h 37min ago

  • HTC launches 6 smartphones in Bangladesh

    Before Going to Press | 8h 38min ago

  • Wah Hong expects 10% on-quarter revenue increase in 3Q15

    Before Going to Press | 8h 38min ago

View more
The Big Fund
2015 China smartphone panel trend forecast
Analysis of China revised domestic semiconductor industry goals
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.