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Once the agreement is fully implemented, Japan will have removed customs duties on 97% of goods imported from the EU and will apply lower customs duties or other incentives to many of the remaining products.
First tangible results
Trade +7% in goods and +9.5% in services in 2019 (the year when the deal entered into force).
Agriculture among most successful sectors: +16% in 2019.
Trade figures
The EU is Japan's 3rd most important trading partner (over 10% of all trade in goods). Japan is the EU's 7th most important trading partner (3% of trade in goods).
Total trade: €124 billion in goods + €47 billion in services.
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