Japan: Competitive Changes Expected in Japanese Rice Market

  |   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. rice exports to Japan. The two agreements are expected to contain tariff concessions for a range of rice 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 $552 million in rice and rice products, of which 45.4 percent (approximately $251 million) was from the United States.

Japan: Competitive Changes Expected in Japanese Rice Market

 

 

Exporting
East Asia and the Pacific, Japan
Grains, Feeds and Fodders, Rice

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