Japan has a population of over 126 million people and a GDP of over $4 trillion, making it the 3rd largest economy in the world. It has a highly developed economy focused on manufacturing, particularly automobiles, electronics, machinery and processed foods. Japan exports these goods mainly to China, the US, South Korea and Hong Kong and imports machinery, raw materials and fuels to support its industries. Major Japanese companies like Sony and Toyota are leaders in their fields and Japan aims to be a strategic hub connecting Asian markets.