Japan’s economy has exceeded analyst expectations, achieving a remarkable 6% annualized growth rate in the second quarter of 2023, resulting in a GDP of $3.85 trillion, its highest-ever level. The impressive growth was primarily driven by net exports, a testament to Japan’s robust manufacturing industry, with tourism also playing a significant role.
Japan has long been recognized as a global leader in the robotics industry, with its high-tech manufacturers and demographic factors contributing to its success. In fact, nearly half of the world’s industrial robots are produced in Japan, as reported