Release of the White Paper on International Economy and Trade 2024

Highlights of the White Paper

The White Paper on International Economy and Trade 2024 primarily presents the importance of the reconstruction of a rule-based international trade order, amid a global economy facing a crisis of division, and the significance of strengthening collaboration with the Global South countries, which are expected to achieve high growth and may become important partners with Japan also from the viewpoint of supply chain resilience, including critical minerals and goods. Moreover, the white paper focuses on the emergence of the risks of over-reliance on specific countries and, in light of this, it points out that it is important to work with like-minded countries to secure a level-playing field and build a transparent, resilient, and sustainable supply chain.

Secondly, the white paper presents the fact that Japan has been struggling to increase the quantity of exports even as the yen has been weakening against the dollar, and it also shows that Japan faces a challenge in fortifying its export capability amid growing momentum for companies to return to domestic production and procurement. Moreover, it points out the importance of new overseas business development by indirect-exporting companies, which account for 80% of the companies in the Japanese manufacturing industry and indirectly contribute to exports through the supply of parts and materials, and the significance of fostering companies that succeed in global competition, including mid-sized enterprises.

Related Material

• Summary of the White Paper on International Economy and Trade 2024 (in Japanese)(PDF:7,796KB)

Related Link

• White Paper on International Economy and Trade*English version of the White Paper will be posted on the above page at a later date.

Division in Charge

Policy Planning and Research Office, Trade Policy Bureau