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Current Position:Home » News » Marketing & Retail » Topic

Japanese grape exports grew 50% in 2016

Zoom in font  Zoom out font Published: 2017-02-10  Views: 45
Core Tip: Japan's exports of agricultural products increased for the fourth year in a row in 2016, which officials believe came from a rising demand for high-quality fruit.
Japan's exports of agricultural products increased for the fourth year in a row in 2016, which officials believe came from a rising demand for high-quality fruit.

Exports, including agriculture, fishery and forestry products, grew 1% from 2015 to around USD $6.68 billion, according to government sources, even as Japan's total exports fell 7% last year as a result of the strong yen.

Exports of grapes rose by 50% to around 2.3 billion yen and strawberries jumped 35% to roughly 1.1 billion yen. This increase was attributed to wealthier consumers in Asia importing their fruit.

The government aims to lift Japan's agricultural exports to 1 trillion yen in 2019. Prime Minister Shinzo Abe counted on the Trans-Pacific Partnership on this front, but with the U.S. recently backing out of the deal, the likelihood of reaching these numbers is growing more uncertain.

1 Yen = 0.0089 USD
 
keywords: grape
 
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