Japan: Limited Impact on U.S. Corn Expected from Japan’s FTAs

  |   Attaché Report (GAIN)

The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement will enter into force on December 30, 2018, and a free trade agreement between Japan and the European Union is expected to enter into force on February 1, 2019. The two agreements could bring about a limited increase in market competition for U.S. corn products as both agreements contain tariff concessions for a range of corn products. Japan imported 15.3 million metric tons (MMT) of corn and corn products in 2017 (excluding ethanol), valued at US$3.09 billion. U.S. corn and corn products accounted for roughly 80 percent of Japan’s imports (by both volume and value).

Japan: Limited Impact on U.S. Corn Expected from Japan’s FTAs

 

 

Related Reports

Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Thailand: Grain and Feed Monthly

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.