Japan has proven to be an appealing and profitable market for U.S. companies for many years. The USDA Agricultural Trade Office or ATO in Osaka hereinafter referred to as “Post” reports that Japan is the fourth largest market for U.S. exporters of all food and agricultural products.
There are tremendous opportunities for U.S. exporters willing and able to follow the strict Japanese product regulations and keep up with the latest trends in this market. Under the U.S. – Japan Free Trade Agreement (“USJTA” effective January 1, 2020) nearly 90% of U.S. food and agricultural imports into Japan are either duty free or receive preferential tariff access.
U.S. Food & Agricultural Product Imports to Japan, By the Numbers
By the year 2024, Euromonitor projects the retail sales in the packaged food market in Japan is expected to reach US$201.1 billion, growth of 7.9% or US$14.7 billion.
Top U.S. products in demand:
Participants in 2019 Focused Trade Missions Reported:
With the Branded Program, you may be eligible for 50% reimbursement on:
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