Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
In theory, the yen’s depreciation should be positive for Japan’s trade balance however Japan’s trade deficit is reaching record levels.
A weaker currency generally boosts demand for a country’s exports as they become cheaper in international markets, while dampening domestic consumption of imports as their prices increase in local currency terms.
However, the opposite is happening in Japan.
First: Japan has a virtual monopoly over some products, such as certain electronic components and high-tech materials, so countries who need these products are buying them, regardless of the value of the yen.
Second: the global economic downturn, especially in China affect Japanese exports.
In Sylodium (international trade directory) you can advertise for free your company or your project, at the intersection of cities (and countries) that you’d desire, like Bejing (China) – Tokyo (Japan).
