print PRINT

ECONOMY

Japan’s farm, fisheries exports mark record high for 5th yr

  • February 7, 2018
  • , Kyodo News , 8:31 p.m.
  • English Press

Japan’s agriculture, forestry and fisheries exports hit a record high in 2017 for the fifth straight year, led by robust growth in shipments of beef and green tea, a source close to the matter said Wednesday.

 

But the level, totaling 807.3 billion yen ($7.4 billion), is still far from 1 trillion yen, the target Prime Minister Shinzo Abe’s government has set to achieve by 2019 as it seeks to bolster the country’s farm sectors.

 

The exports of agriculture, forestry and fisheries products represent an increase of 7.6 percent from the previous year on the back of a rise in the number of health-conscious consumers and the popularity of “washoku,” or Japanese food, overseas, the source said.

 

The Ministry of Agriculture, Forestry and Fisheries will announce the data soon, the source said.

 

By country and region, Hong Kong remained the largest importer of Japanese farm produce at 187.7 billion yen, followed by the United States at 111.5 billion yen. China came third with over 100 billion yen, one notch up from the previous year, while Taiwan retreated to fourth place from third.

 

Of the total, exports of agricultural products, including processed foods, climbed 8.1 percent to 496.8 billion yen and fisheries products gained 4.2 percent to 275 billion yen. Forestry products were up 32.3 percent to 35.5 billion yen, partly helped by exports of timber to China.

 

By products, Japanese beef jumped 41.4 percent to 19.16 billion yen as Taiwan lifted its import ban last September that was introduced after the Fukushima nuclear disaster in 2011. Green tea saw a 24.3 percent rise to 14.36 billion yen due to strong sales of high-priced products, while exports of strawberries soared 56.6 percent to 1.8 billion yen.

  • Ambassador
  • Ukraine
  • OPINION POLLS
  • COVID-19
  • Trending Japan