4 ms·
I'm not so sure. Automobiles are the leading export for both Japan and Germany, but Japan's auto fraction is significantly larger: > https://tradingeconomics.
by A_D_E_P_T 2y ago
I'm not so sure. Automobiles are the leading export for both Japan and Germany, but Japan's auto fraction is significantly larger:
> https://tradingeconomics.com/germany/exports-by-category https://tradingeconomics.com/germany/exports-by-category
> https://tradingeconomics.com/japan/exports-by-category https://tradingeconomics.com/japan/exports-by-category
What's more, Germany mostly "exports" to neighboring EU countries, which is a low friction and more stable proposition. Japan's exports are mostly to the US, China, and South Korea; its top export destination is China (+ Hong Kong).
> https://tradingeconomics.com/japan/exports-by-country https://tradingeconomics.com/japan/exports-by-country
Bottom line is that any scandal that hurts Japan's auto industry really hurts Japan's entire economy.