FTA utilization ratio of JP companies 36%

According to the JETRO 2013 World Trade & Investment Report, the FTA utilization ratio of Japanese companies in 2012 was 36.9%, which is 3% increase last year.  The difference is shown depending on scale of companies.  Large companies ratio is 49.6%, while ratio of SME is 31.5%.

The definition of 'utilization' means among the companies who conduct trade with countries Japan implemented FTA, the ratio shows at least using one FTA either in exporting or in importing.

The interesting point is significant increase of Asean-China FTA utilization ratio increased 4.5% to last year and reached 29.6%.  This shows Japanese companies move to utilize the FTA between third countries.