Japan has the 3rd largest economy after the U.S. and China with a GDP of $5.4 Trillion in 2010. The country has a population of just 126 million and the per capita GDP is high at $39,727 in 2009. However public debt as a percentage of GDP is very high at 194.7% in 2009. Tax revenues account for about 28% of the GDP.
The graphic below shows Japan’s Top Trade Partners in 2009
Click to enlarge
Similar to many other countries China is the largest trade partner of Japan accounting for about one-fifth of all imports and exports in 2009.
The graphic below shows Japan’s Top Commodity Group Exports and Imports in 2009
Japan consistently runs a trade surplus since its exports are higher than imports.
Source: Japan’s Top Trade Partners, Federal Statistical Office, Germany
