European Union trade with Japan

The EU has a strongly negative trade balance with Japan: in 1999, the value of EU exports to Japan equalled 35 billion euro, whereas imports were double this amount at 70 billion. The EU trade deficit, equal to 35 billion euro in 1999, has increased since 1996 due to Japan's difficult economic situation. Between 1995 and 1999, the value of EU exports to Japan rose by 7% whereas the value of imports increased by 29% .

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