Japan

Despite its high tariffs, restrictive quotas and complex regulations, Japan remains the United States’ fourth-largest agricultural export market. In fiscal year 2014, U.S. farm and food exports to Japan totaled $13.4 billion, up almost 8 percent from the previous year. Major U.S. agricultural exports to Japan include corn, pork, beef, soybeans and wheat. Japan’s joining the Trans-Pacific Partnership could signal the government’s reconsideration of its current economic policy.

Data & Analysis

June 12, 2015
June 11, 2015
Responding to a proposal from an influential group of Diet Members, the National Tax Agency (NTA) is expected to revise and make mandatory the current voluntary wine labeling rule later this year.