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Japan
Country Analysis Briefs
Quick Facts
Country Overview
Prime Minister Shinzo Abe (since 26 September 2006)
Location Eastern Asia, island chain between the North Pacific Ocean and the Sea of Japan, east of the Korean Peninsula
Independence 660 BC (traditional founding by Emperor JIMMU)
Population (2005E) 127,417,244
Economic Overview
Minister of Economy, Trade and Industry Akira Amari (since 29 September 2006)
Currency/Exchange Rate (17 November 2006) 1 USD = 117.635 Japanese Yen (JPY)
Inflation Rate (2005E) -0.6%
Gross Domestic Product (2005E) $4.6 trillion
Real GDP Growth Rate (2005E) 2.6%
Unemployment Rate (2005E) 4.4%
External Debt (2005E) $1.5 trillion
Exports (2005E) $652.2 billion
Exports - Commodities transport equipment, motor vehicles, semiconductors, electrical machinery, chemicals
Exports - Partners (2004E) US 22.7%, China 13.1%, South Korea 7.8%, Taiwan 7.4%, Hong Kong 6.3%
Imports (2005E) $589.4 billion
Imports - Commodities machinery and equipment, fuels, foodstuffs, chemicals, textiles, raw materials (2001)
Imports - Partners (2004E) China 20.7%, US 14%, South Korea 4.9%, Australia 4.3%, Indonesia 4.1%, Saudi Arabia 4.1%, UAE 4%
Current Account Balance (2005E) $167.3 billion
Energy Overview
Proven Oil Reserves (January 1, 2006E) 59 million barrels
Oil Production (2006E) 125,700 barrels per day, of which 5% was crude oil.
Oil Consumption (2005E) 5.4 million barrels per day
Crude Oil Distillation Capacity (2006E) 4.7 million barrels per day
Proven Natural Gas Reserves (January 1, 2006E) 1.4 trillion cubic feet
Natural Gas Production (2004E) 104 billion cubic feet
Natural Gas Consumption (2004E) 2,950 billion cubic feet
Recoverable Coal Reserves (2003E) 395.7 million short tons
Coal Production (2004E) None
Coal Consumption (2004E) 203.7 million short tons
Electricity Installed Capacity (2004E) 243.5 gigawatts
Electricity Production (2004E) 974.4 billion kilowatt hours
Electricity Consumption (2004E) 906.2 billion kilowatt hours
Total Energy Consumption (2004E) 22.6 quadrillion Btus*, of which Oil (48%), Coal (21%), Natural Gas (14%), Nuclear (12%), Hydroelectricity (4%), Other Renewables (1%)
Total Per Capita Energy Consumption (2003E) 175.6 million Btus
Energy Intensity (2004E) 6,531.9 Btu per $2000-PPP**
Environmental Overview
Energy-Related Carbon Dioxide Emissions (2004E) 1,262.1 million metric tons, of which Oil (53%), Coal (34%), Natural Gas (13%)
Per-Capita, Energy-Related Carbon Dioxide Emissions ((Metric Tons of Carbon Dioxide) 2004E) 9.9 metric tons
Carbon Dioxide Intensity (2004E) 0.4 Metric tons per thousand $2000-PPP**
Environmental Issues air pollution from power plant emissions results in acid rain; acidification of lakes and reservoirs degrading water quality and threatening aquatic life; Japan is one of the largest consumers of fish and tropical timber, contributing to the depletion of these resources in Asia and elsewhere
Major Environmental Agreements party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
Oil and Gas Industry
Organization The Japanese government began breaking up former state-owned enterprise Japan National Oil Corporation (JNOC) in 2001. Japan’s oil and natural gas sectors are open to foreign involvement, although the government still plays a small role in the industry.
Major Refineries (capacity, bbl/d) Nippon Oil (Negishi - 340,000; Mizushima – 250,000); TonenGeneral (Kawasaki – 296,000); Cosmo Oil (Chiba – 228,000); Showa Shell Sekiyu (Yokkaichi – 222,000); Idemitsu Kosan (Ichihara, Chiba – 209,000)
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.

Country Analysis Briefs

December 2006
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