Jаpаn’s Tоp Expоrts Vаlue Percent оf Total Exports Vehicles $154.1 billion 20.9% Machinery and Computers $148 billion 20.1% Iron, steel $29.9 billion 4.1% Plastics $26.1 billion 3.4% Japan’s top export for 2018 was motor vehicles, with companies such as Toyota, Honda, Nissan, and Mitsubishi being top producers. These auto manufacturers compete intensely with each other, leading to innovative and high-quality vehicles. Japan is also home to many successful iron and steel companies, as seen by its export statistics. Moreover, Japan has an abundance of highly educated engineers, numerous banks for raising capital, and component suppliers of vehicles with a strong IT infrastructure. Additionally, Japanese customers are very technologically savvy and expect the highest quality of their vehicles. Which international trade theory would explain Japan’s success in automotive exports as being due to the abundance of highly educated engineers, numerous banks for raising capital, and a strong IT infrastructure