Taipei, Tuesday, September 16, 2014 21:51 (GMT+8)
partly cloudy
Taipei
31°C
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
  • LG to supply Apple with AMOLED panels for Apple Watch

    Before Going to Press | 11min ago

  • Asustek plans to accuse motherboard competitors of patent infringement

    Before Going to Press | 1h 9min ago

  • China market: CNY500 4G smartphones expected to be launched by end of 2014, says China Mobile Device president

    Before Going to Press | 1h 10min ago

  • MediaTek announces 2T2R 802.11n Wi-Fi AP/router SoC

    Before Going to Press | 1h 11min ago

  • China-based handset vendors unlikely to launch Android One smartphones

    Before Going to Press | 1h 12min ago

  • Foreign chip suppliers place follow-up IC orders for iPhone 6 devices

    Before Going to Press | 1h 12min ago

  • Taiwan panel makers see increased pressure from China in entry-level, mid-range segments

    Before Going to Press | 1h 13min ago

  • LCD TV shipments expected to grow to 229 million in 2015

    Before Going to Press | 1h 13min ago

  • Neo Solar Power to raise NT$650 million additional capital

    Before Going to Press | 1h 14min ago

  • Taiwan market: Ultra HD TVs to make up 10% of retail TV sales in 2014

    Before Going to Press | 1h 15min ago

  • LCD TV shipments in India reach 2.2 million in 2Q14

    Before Going to Press | 1h 16min ago

  • Acer selected for 2014 DJSI assessment for first time

    Before Going to Press | 1h 16min ago

  • Digitimes Research: IFA shows application of IoT to smart home devices

    Before Going to Press | 1h 16min ago

  • Digitimes Research: IFA shows Android tablet vendors adding value instead of price cuts

    Before Going to Press | 1h 18min ago

Pause
 | 
View more

Analysis of China's revised domestic semiconductor industry goals

RESEARCH EXTRAS | Jul 16, 18:09

Facing a funding shortage for local IC manufacturers, the China State Council in June 2014 published guidelines to strengthen government support for China's semiconductor industry, while stating the short-, mid-, and long-term goals for the related industry supply...

The transition to 4k TV - UHD TV market forecast, 2014-2017

RESEARCH EXTRAS | Jun 26, 13:59

Ultra HD TV vendors are facing challenges due to an overall slowdown in the TV industry and are concerned whether relative supply chains can provide compatible Ultra HD content and services. However, trends show that content makers as well as panel and chip makers...

Taiwan LCD monitors – 2Q 2014

TAIWAN FPD | Aug 25, 14:48

Taiwan's monitor shipments grew 10% in the second quarter compared to a low first-quarter base. With panel makers reducing their supply of monitor applications and monitor vendors reluctant to increase their shipments, Taiwan's makers will only see a single-digit...

China smartphone market and industry – 2Q 2014

CHINA SMARTPHONE | Aug 12, 17:41

A delay in the launch schedule for low-cost 4G smartphones resulted in a mere 4.8% increase in second quarter shipments in the China market. However, with telecom operators planning on increasing their subsidies in the second half of the year, demand will be...

Taiwan small- to mid-size LCD panels – 2Q 2014

TAIWAN FPD | Aug 6, 21:18

Taiwan makers' small- to medium-size panel shipments reached 351.4 million units in the second quarter of 2014, up 16.8% sequentially but down 2.8% on year.

MSI X99S GAMING 9 AC
Media news email alerts
DIGITIMES Translation Services
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.