Updated on 17.02.2022
Written by Györgyi Mácsai (EPRS),
In cooperation with Igor Tkalec (from GlobalStat | EUI),
The economies of Japan and of the EU followed similar trends in 2020, a year marked by the Covid-19 pandemic. Both economies faced shrinking GDP, growing unemployment, rising public debt, while inflation stayed moderate and the exchange rate remained stable. Although there was a fallback in trade between the two blocks, the EU ranked as third on the list of top trade partners of Japan (trade in goods), while the latter was the seventh biggest trade partner of the EU. Mechanical appliances and electrical equipment constitute the main export and import products, followed by vehicles and aircraft.
Download this infographic on ‘Japan: Economic indicators and trade with EU‘ in PDF.
GlobalStat, a project of the EUI’s Robert Schuman Centre for Advanced Studies and the Francisco Manuel dos Santos Foundation aims to offer the best available gateway to statistical data. It is easily accessible, intuitive to use, and free of charge. In just three clicks it offers data from 1960 onwards for 193 UN countries, five continents and 12 political and regional entities – including the European Union – gathered from over 80 international sources. The project, presents data as diverse as income distribution, water resources, housing, migration, land use, food production, nutrition, or life expectancy, which contributes to a better understanding of the interrelations between human living conditions and globalisation trends.
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