EU27 external trade deficit of EUR 20bn with Japan in 2009

Between 2000 and 2009, EU27 exports of goods to Japan fell in value by around 20%, from 45 bn euro to 36 bn, while EU27 imports from Japan decreased by almost 40%, from 92 bn to 56 bn. As a result, the EU27 deficit in trade with Japan decreased from 47 bn in 2000 to 20 bn in 2009 and the share of Japan in the EU27's total external trade in goods fell significantly. In 2009, Japan accounted for 3% of EU27 exports and 5% of EU27 imports, and was the EU27's sixth most important trading partner. On the occasion of the 19th European Union - Japan summit, which took place on Wednesday 28 April 2010 in Tokyo, Eurostat, the statistical office of the European Union, issued data on trade in goods and services and FDI flows between the EU and Japan.

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