Free Trade Agreement (FTA) and Economic Partnership Agreement (EPA)

In accordance with Article 2.31 of the Japan-UK Comprehensive EPA, the Government of Japan and the Government of the United Kingdom of Great Britain and Northern Ireland exchanged respective trade statistics on imports(Note 1.) (from January to December 2022).

• UK import statistics(Note 4.) (Excel)
• Japan import statistics (Excel)

(For reference)

The EPA utilisation rates calculated from the statistics exchanged on this occasion are as follows:.

• Exports from Japan to the UK: 64% (source: the Department for Business and Trade of the UK)
• Imports to Japan from the UK: 63% (source: Trade statistics of Japan)

[Note]

1. The exchanged statistics include import of products to which preferential tariff rates were applied under the Japan-UK Comprehensive EPA.
2. EPA utilisation rates are calculated based on the following formula:
   EPA utilization rate (PURs) = Imports that actually entered under the preference scheme (A) / Imports eligible for use of preferences (B)
3. (B) of the above formula includes import value of the products which preferential tariff rates cannot be applied.
4. The value of goods imported as part of the UK’s inward processing procedure, under which goods imported for the purposes of manufacturing or repair are not subject to import duty, is not included in either (A) or (B) of the above formula.