Japan | Merchandise trade (% of GDP)
The "Merchandise trade (% of GDP)" is an economic indicator that measures the total value of a country's merchandise trade, which includes both exports and imports of goods, as a percentage of its Gross Domestic Product (GDP). This indicator provides insight into the extent of a country's openness to international trade relative to the size of its economy. The chart displays the "Merchandise trade (% of GDP)" for Japan over a 23-year period, from 2000 to 2022. As an industrialized economy, Japan has a strong export sector, particularly in electronics and automobiles.