The Atradius Payment Practices Barometer report for May 2019 indicates that awareness of non-payment risk is rising in Japan as business conditions deteriorate. The report states that Japanese GDP is expected to expand less than 1.0% in 2019, mainly due to less accommodating export markets. Domestic demand is expected to be the basis of the economic expansion. The report also highlights that the proportion of total B2B sales made on credit in Japan has been decreasing over the years, from 60% in 2015 to 30% in 2019. The report further mentions that the top 5 imports and trading partners of Japan are China, the US, South Korea, Australia, and Taiwan.
