00:02
So we have a question here that we are going to answer.
00:05
It says using the trade statistics database, make an overview in the form of a presentation of the latest international merchandise and commercial services, trade data, and overview of country imports and exports, tariff and non -tariff measures.
00:24
And we can choose a country that we like.
00:26
So i've decided to choose the country, japan.
00:30
Okay, all right.
00:36
So that is going to be the country of our interest.
00:39
And i'm going to give you all the information that you can put in your presentation.
00:45
So let's go ahead and first talk about the international merchandise and commercial services trade data.
00:56
International merchandise and commercial services trade data.
01:09
So according to the latest data form data from the world bank, japan's total merchandise trade exports plus imports in 2020 was valued at approximately $1 .2 trillion usd.
01:32
Okay, so japan's exports were specifically exports were valued at around.
01:42
$704 .1 billion.
01:49
While its imports were valued at approximately $524 .7 billion.
02:06
So this resulted in a positive trade balance of.
02:11
So positive trade balance of approximately approximately $179 .4 billion.
02:27
So in terms of commercial trade, japan's total exports were valued at, so we're talking about commercial trade.
02:37
So exports were valued at, i'm going to put e for exports, 189 .7 billion usd and imports were valued at 114 .6 billion usd, which resulted in a positive trade balance of $75 .1 billion.
03:08
Okay, so overview of countries, imports and exports.
03:13
So japan is one of the largest trading nations in the world, and it is heavily reliant on international trade.
03:20
The country is known for its advanced technology and manufacturing industries.
03:26
I'm going to make a line right there...