Japan’s Jan-Nov farm, fisheries exports hit annual record

Japan’s exports of agricultural, forest, fishery and food products totaled 1,243.3 billion yen ($9.3 billion) in the 11 months to November, setting an annual record with a month remaining, the agriculture ministry said on Friday with.

The result comes as the restaurant industry in the United States, Europe and China has rebounded after a sharp drop in demand due to the coronavirus pandemic, the ministry said. The weak yen against other major currencies also helped boost Japanese exports.

Exports of these products reached a record high for the tenth consecutive year. In 2021, the 12-month total was 1,238.2 billion yen.

The government is aiming to increase these exports to 2 trillion yen ahead of its target year of 2025.

The latest 11-month result represents a 15.4 percent increase over the same period last year, led by fishery products.

Exports of scallops rose 46.9 percent to 84.8 billion yen, while those of pearls rose 38.5 percent to 21.5 billion yen.

Alcoholic beverages also gained momentum, with Japanese sake exports up 21.3 percent to 43.4 billion yen and whiskey up 21.3 percent to 52.4 billion yen.

Meanwhile, beef exports fell 3.4 percent to 46.0 billion yen.


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