In 2019, Japan was the fifth largest destination for U.S. agricultural exports, which totaled $11.7 billion, a 9 percent decrease from 2018. The United States continued to be Japan’s top supplier of agricultural goods with 24 percent market share, followed by the European Union with 14 percent. The quality, reliability and reputation of U.S. products have been competitive in Japan for many decades. The largest export growth in 2019 was seen in hay and rice, up $64 million and $43 million, respectively. Additionally, increases in exports of soybeans, wine and beer, and live animals were up $37 million, $20 million, and $15 million, respectively. The most notable impact in 2019 was that exports of corn were down by more than $836 million. Exports of beef & beef products, wheat, and pork & pork products were down $152 million, $109 million, and $107 million, respectively. Despite these decreases, Japan in 2019 was the top market for U.S. beef and beef products, pork and pork products, rice, and hay.
The new U.S.-Japan Trade Agreement will provide America’s farmers and ranchers enhanced market access in one of our largest agricultural export markets.