Japan: New FTA Concessions Reduce U.S. Barley Opportunities

  |   Attaché Report (GAIN)

Japan’s conclusion of a free trade agreement with the European Union (EU) and efforts to conclude the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) are expected to increase market competition for U.S. barley exports to Japan. The two agreements contain tariff concessions for a range of barley products. The Japan-EU agreement could enter into force as early as 2019, while CPTPP Member States are currently undertaking domestic procedures to ratify the agreement. In 2017, Japan imported roughly $545.8 million in barley and malt, of which 3.1 percent (approximately $16.9 million) was from the United States.

Japan: New FTA Concessions Reduce U.S. Barley Opportunities

 

 

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