Foreign trade as a share of GDP reached 34.4 % in 2017 in Japan, according to the National Statistical Office. This is 10.0 % more than in the previous year.
Historically, foreign trade as a share of GDP in Japan reached an all time high of 37.5 % in 2014 and an all time low of 16.0 % in 1993. When compared to Japan's main peers, foreign trade as a share of GDP in China amounted to 37.8 %, 46.8 % in Russia, 80.8 % in South Korea and 27.1 % in USA in 2017.
Japan has been ranked 155th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 14 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.