Japan - June 2018
Japan remains one of the most important and stable global markets for U.S. agricultural products, especially high-value goods. Japan is an import-dependent economy and the United States is already the country’s top supplier of imported food and agricultural products, enjoying a 25-percent market share. Japan is the United States’ fourth-largest agricultural export market overall and ranks first among U.S. export customers for beef and pork, second for corn and wheat, and third for consumer-oriented agricultural products.
Japanese consumers have high disposable incomes and an affinity for the quality, affordability, and safety of U.S. food products. Projected growth in both GDP and retail food and beverage sales means the future is bright for U.S. exports to Japan.
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