policy issues

Japan

Japan

In September 2019, the U.S. and Japan reached a limited trade deal to reduce tariffs on agricultural and industrial products and address digital trade issues. The accord reduces tariffs on over $7 billion in U.S. agricultural goods and puts America on par with the relationship that Japan affords members of the Trans-Pacific Partnership agreement, an agreement that went into effect in January 2020 without the United States. At a value of $1 billion in 2019, Japan represents the third largest export market for feed, feed ingredients and pet food markets behind Canada and Mexico, so any future agreement with the Asian country could bring positive changes to the U.S. animal food industry.

U.S. Exports to Japan- by Category (in 1,000 dollars)

Country 2016 2017 2018 2019
Alfalfa/Hay 479,369 506,686 514,475 574,389
Animal or vegetable fats and Oils 975 690 1,319 928
Corn Co-Products 71,540 81,985 107,908 114,982
Dairy Feed 3,458 3,269 3,279 3,016
Flours, meals and pellets of fish 5,715 3,829 7,623 7,480

Flours, meals and pellets of meat

14 - - -
Livestock Feeds 6,632 7,547 8,102 7,376
Milk Replacers 7,906 7 100 7
Other Feed Products 73,353 95,672 88,952 93,168
Pet Food 110,300 109,605 133,087 139,290
Poultry Feeds 749 - - -
SBM 58,210 78,685 85,660 77,993
Grand Total 818,220 887,974 950,505 1,018,630

Source: Dataweb-USITC