Foreign trade as a share of GDP fell 10.9% to 31.4% in Japan in 2020, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in Japan reached an all time high of 37.4% in 2014 and an all time low of 15.8% in 1994. When compared to Japan's main peers, foreign trade as a share of GDP in China amounted to 34.8%, 46.0% in Russia, 69.0% in South Korea and 23.4% in USA in 2020.
Japan has been ranked 152nd within the group of 163 countries we follow in terms of foreign trade as a share of GDP, 16 places above the position seen 10 years ago.
| Foreign Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Canada | % | 66.2% | 65.4% | 65.1% | 66.4% | 65.4% | ||||||||||||||||
| China | % | 39.5% | 36.9% | 37.6% | 37.6% | 35.9% | ||||||||||||||||
| Dem. People's Republic of Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Germany | % | 86.2% | 84.8% | 87.2% | 88.5% | 87.7% | ||||||||||||||||
| India | % | 41.9% | 40.1% | 40.7% | 43.6% | 40.0% | ||||||||||||||||
| Japan | % | 35.4% | 31.3% | 34.4% | 36.6% | 35.2% | ||||||||||||||||
| Mexico | % | 71.1% | 76.1% | 77.1% | 80.6% | 77.9% | ||||||||||||||||
| Russia | % | 49.4% | 46.5% | 46.9% | 51.6% | 49.2% | ||||||||||||||||
| South Korea | % | 79.1% | 73.6% | 77.1% | 79.0% | 75.8% | ||||||||||||||||
| USA | % | 27.8% | 26.6% | 27.3% | 27.6% | 26.5% | ||||||||||||||||
| Vietnam | % | 145% | 145% | 161% | 165% | 165% |
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