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Japanese Farm exports projected to hit record high in 2015

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Japanese exports of agricultural, forestry and fishery products, as well as other foods, are expected to hit a record high in 2015, agriculture minister Hiroshi Moriyama said.

Exports of such products from January to October reached ¥602.9 billion, jumping 23.2 percent from the year before. It is certain that this year’s exports will surpass the annual record of ¥611.7 billion logged last year, Moriyama told a news conference last month.

According to the Agriculture, Forestry and Fisheries Ministry, in the first 10 months of this year, export growth of more than 20 percent was recorded by each of the agricultural, forestry and fishery sectors.

Vegetable and fruit exports surged 44.8 percent, and grain exports, including rice, increased 35.7 percent, the ministry said.

Main export destinations were Asian markets, such as Hong Kong and China, the ministry said. It also reported 60 percent growth in exports to the Netherlands and a 40 percent rise in African-bound shipments.