JAPANESE SALES TO OPEC COUNTRIES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP86T00608R000600020017-7
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 8
• Document Creation Date: December 14, 2016
• Document Release Date: April 3, 2003
• Sequence Number: 17
• Publication Date: March 31, 1975
• Content Type: MF

 STAT gpproved For Release 2003/05/28 :CIA-RDP86T00608R000600020017-7
Approved For Release 2003/05/28 :CIA-RDP86T00608R000600020017-7
 UPJCLASS{PIED
Approved For Release 2003/05/28: CIA-RDP86T00608R000600020017-7
JAPANESE SALES TO OPEC
Japanese sales to OPEC countries are increasing
faster than those of any other major exporter. Exports
last year increased 101$, rising to more than $5.4 billion
compared with $2.7 billion in 1973. The increase accounted
for one-fifth of the 65~ rise in total OPEC purchases
last year.
The physical volume of exports rose about 35~,
largely on the strength of increased deliveries of inter-
mediate goods, machinery, and other capital equipment.
StEel, the largest single export item, rose particularly
fast, climbing 70$ above the 1973 level. Large price increases
also pushed up the value of Japan's OPEC sales. On average,
prices for Japanese goods sold iri OPEC markets increased
50$ last year.
'The most striking export gains have occurred in
larger OPEC countries such as Iran, Iraq and Algeria, where
sales increased by 100$ or more. In all instances Japan
substantially increased its market share, primarily at
the expense of West European suppliers. In Iran, an
extreme case, Japan's share cif the import market increased
from 6$ in 1973 to 20~ in 1974. Japan's greatest market
penetration has been in Indonesia where it supplies one-
third of total imports.
Approved For._ Refse,2,0.II31D5128..:_CIA~DP86:IrA0608f~-08A600A~A0~----~~-?-~~-~-"`
~~Nrl.aSSiFtED
 Approved For Release 2003/05/28: CIA-RDP86T00608R000600020017-7
Exports to OPEC this year are off to another good
start. Preliminary data for January indicate exports
to the group. showed nearly a 100 gain over the January 1973
level. Although the pace may slow ~n the months ahead,
Japanese firms expect to add several billion dollars to
their OPEC sales tt~~is year. Particularly large gains are
expected in such countries as Venezuela and Algeria where
Japan's market share is still relatively small. To help
boost sales in these markets the Japanese have initiated
a series of monthly meetings with commercial attaches
from 3.1 Arab countries .
In addition to on-going marketing of fc:?rts, Japanese
firms will begin delivery on a large number of supply
contrasts won during the Fast nine months. Delivery
of at ?east $200 million worth of power generating equip-
ment, for example, wil 1 begin this year. The Japanese
will also be supplying equipment on the numerous develop-
went projects they are now involved in. Japanese firms,.
for example, arse constructing or plannin3 to build six
steel plants in OPEC countries involving total construction
costa of $1.3 billion. Deliveries on these and other??projects
will stretch over several years.' '
Approved For Release 200~S~~f ~~UP86T00608R000600020017-7
 Approved For Release 2003/~~~$, A~IARQ~86T00608R000600020017-7
Indonesia
Iran
Iraq
Saudi Arab~.a
Kuwai t
Qatar
U.A.E.
Venezuela
Ecuador
Algeria
Libya
Nigeria
JAPAN: EXPORTS TfJ OPEC COUNTRIES*
(million US dollars)
Per~~.ent
1973 1974 Increase
897 1, 452 'S1.
482 1, 018 'x.11.2
2,707
477 F373.5
679 75.9
279 68.1
46 130.0
308 91.3
400 107.3
114 123.5
155 203.9
233 111.8
286 102.8
5, 447 1Cl. 2
Approved For Release 200~j(~'Sht~`:~'~I'A-86T00608R000600020017-7
 Approved For Release 2(~1~/~A~~~~~~~~DP86T00608R000600020017-7
JAPAN: IMPORTS FROM OPEC COUNTRIES*
' (ini.llions US dollars )
Indonesia
Iran
Iraq
Saudi Arabia
Ruwait
Qatar
U.A.E.
Vezsezupla
Ecuador
Algeria
Libya
Nigeria.
1974
Percent
Change
4,102
113.8
4,292
157.0
181
5,933.3
4,710
291.8
1,911
274.7
19
216.7
1,901
297.7
42
75.0
20
-50.0
3'1
500.0
325
983.3
404
.146.3
17,937
194.2
Approved For Release 2003/05I~~~~1R-P~D~$~T00608R00060002.0017-7..
 Approved-For-Release-2003/05/28.:..CIA-RD.P86T00608R0006Q002001,7-7.
Uf`f ~IASSf F1ED
Passenger Cars
(1001-2000cc)
Trucks
(?assembled)
Steel Products
Televisions
(81 ack & White )
JAPAN:
MAJOR COMMODITY EXPORTS TO OPEC
(million US dollars)
Percent
Percent
1973* 1974* Chance
in
Change
in
Value Value Value
Volume
Radio-Tape Recorder
Combination
Chemicals
(Organic)
Chemicals
(Inorganic)
Plastics and Resins
Synthetic Fibers,
Filamen~:?s and Yarns
Syntheti~~ Fabrics
Others
To to 1
69.1
15 i.0
125.8
95.?
51.4
h7.8
90.2
57.3
630.4 .
1?723.5
173.4
70.9
26.9
61.6
128.6
96.6
43.3
98.7
127.8
100.3
'2.9
31.1
141.3
95.3
12.7
27.8
.119.3
28.2
52.3
106.2
103.0
2.2
105.9
188.4
77.9
32.0
217.1
_305.6
40.7 -
33.5
1,485.0
2,650.3
78.5
N.A.
2,707.0
~_
5,447.0
_~
101.2
36.9
Approved For Release 2003/05/28: CIA-RDP86T00608R000600020017-7
UNCLASSfFlED
 Approved,.For-,Release 2003/05/28:CIA-RDP86T00608R000600020017-7
UNCLASSIi+IED
JAPAN: COMMODITY IMPORTS FROM OPEC
(million US dollars)
1973
Value*
.
1974
Value*
Percent
Change in
Value
Percent
Change in
Volume
Crude Oil
5,476
17,248.
215
~
-3.$
Petroleum Products
348
931
167
-32.1
O}hzr
1,132
.1,750
54.6
N.A.
Total ~
6,95t~
19,929
186.5
-4.6
* c.i.f.
Approved For Release 2003/05/28 :CIA-RDP86T00608R000600020017-7
U ~~
CLASCIFIFD