Exports of agricultural, fishery and forestry products in Japan grew in 2022 by 14.3% compared to the previous year to a record 1.4 trillion yen (765 billion rubles), reported The Japan Today on 4th of February, citing government data.
According to the Ministry of Agriculture, this year was the tenth consecutive record year. The government of Prime Minister Fumio Kishida intends to increase the export of agricultural and fishery products to 2 billion. yen by 2025 and 5 trillion. yen by 2030.
Products in all categories showed the best results in the reporting year: exports of agricultural products amounted to 887 billion yen (485 billion rubles), fish products – 387.3 billion yen (210 billion rubles ) and products related to forestry, – 63.8 billion yen (35 billion rubles).
Scallop exports to markets such as China and the United States were particularly strong, up 42.4% year-on-year to 91 billion yen.
The Ministry of Agriculture, Forestry and Fisheries said alcoholic beverages also performed well, with exports of Japanese whiskey rising 21.5% to 56 billion yen (30.5 billion rubles) and sake from 18, 2% to 47.4 billion yen (26 billion rubles).
However, beef exports fell 4% to 52 billion yen due to falling consumption in the United States amid rising prices.
The decline in catches has also reduced exports of tuna and mackerel, according to the ministry.
Exports were boosted in part by the entry into force in 2022 of the Regional Comprehensive Economic Partnership, a 15-country Asia-Pacific Free Trade Agreement that includes Japan, Australia, China, Singapore and South Korea.
The list of fastest growing destinations was headed by China, whose export volume grew by 25.2% to 278.3 billion yen. The markets of Hong Kong and the United States followed.
The record figure for 2022 was also marked by the fact that the increase amounted to an increase of 500 billion yen. This compares to pre-pandemic 2019, when such exports were valued at 912.1 billion yen.
Exports of agricultural and fishery products in 2021 amounted to 1.2 trillion. yen, surpassing 1 trillion for the first time. and in.
As part of the initiatives to reach the 2030 goal, the Ministry of Agriculture has implemented an action plan to increase exports, which includes promoting the use of abandoned agricultural land and the transition to organic agriculture.
Kishida has also been involved in export promotion, speaking at an event in New York City in September focused on Japanese food and alcohol.
Source: Rossa Primavera
I am Michael Melvin, an experienced news writer with a passion for uncovering stories and bringing them to the public. I have been working in the news industry for over five years now, and my work has been published on multiple websites. As an author at 24 News Reporters, I cover world section of current events stories that are both informative and captivating to read.