
An apple promotion event is held in Taiwan last October.
13:03 JST, February 3, 2023
TOKYO — Japan’s exports of agricultural, forestry and fishery products hit a record high for the 10th consecutive year in 2022, government data showed Friday.
The exports rose 14.3% from the previous year to ¥1,414.8 billion, thanks to brisk demand from restaurants amid an economic recovery from the COVID-19 pandemic and improved price competitiveness due to a weaker yen, according to the preliminary data released by the Agriculture, Forestry and Fisheries Ministry.
Meanwhile, there are concerns over the future trend of Japanese farm exports as soaring prices hurt consumption in the United States and Europe in the latter half of 2022.
Last year, Japan’s exports of agricultural products hit a record high. The country’s exports of forestry products and those of fishery products also reached their highest levels ever, respectively.
Scallop exports jumped 42.4% to ¥91 billion.
Exports of alcoholic beverages, including whisky and sake, climbed 21.4% to ¥139.2 billion.
Fruits and vegetables exports rose 24.3% to ¥47.4 billion, led by robust shipments of apples and strawberries.
The ministry said it will make steady efforts to achieve ahead of schedule its target of boosting Japan’s overall farm exports to ¥2 trillion in 2025.
In December alone, Japan’s exports of agricultural, forestry and fishery products increased 7.5% from a year before to ¥130.8 billion, hitting a record high for a single month. While shipments to the United States fell reflecting price increases, exports to China, Taiwan and Hong Kong were solid.
"Business" POPULAR ARTICLE
-
Toyoda to Become Automobile Business Association of Japan Chairman; to Help Guide U.S. Tariff-Affected Industriessns
-
Visitors to Japan Hit Single-Month Record High in April
-
Japan to Introduce Car Fuel with Up to 10% Biofuels from Fiscal 2028; Limited Rollout Expected at Areas with Refineries
-
Japan’s Core Inflation Hits More than 2-year High, Could Force Year-End BOJ Hike
-
Japanese Small, Midsize Firms Increasingly Employing Foreign Workers; Effort Aims to Secure Talented Employees
JN ACCESS RANKING
-
Toyoda to Become Automobile Business Association of Japan Chairman; to Help Guide U.S. Tariff-Affected Industriessns
-
Visitors to Japan Hit Single-Month Record High in April
-
Japanese Researchers Develop ‘Transparent Paper’ as Alternative to Plastics; New Material Is Biodegradable, Can Be Produced with Low Carbon Emissions
-
Japan to Introduce Car Fuel with Up to 10% Biofuels from Fiscal 2028; Limited Rollout Expected at Areas with Refineries
-
Japan’s Core Inflation Hits More than 2-year High, Could Force Year-End BOJ Hike