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

In accordance with Article 2.32 of the Japan-EU EPA, the Government of Japan and the European Commission exchanged respective trade statistics on imports(Note 1.) after the entry into force of the EPA (from January to December 2023).

• EU import statistics (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 EU: 67% (source: EUROSTAT)
• Imports to Japan from the EU: 72% (source: Trade statistics of Japan)

[Note]

1. The exchanged statistics include import of products to which preferential tariff rates were applied under the Japan-EU 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 import value of products which are under but have not completed the procedures for repayment