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Current Position:Home » Documents » Food Industry Reports »

US Nuts Less competition under new Japan Free Trade Agreements

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  • Published: 2018-08-27
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  • Language: English
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Introduction
 Japan’s free trade agreement with the European Union (EU) and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) will increase market competition for U.S. nut exports to Japan. The agreements could enter into force as early as 2019. In 2017, Japan imported $557 million in fresh and dried nuts (excluding processed such as roasted nuts), of which 70.7 percent (approximately $394 million) was from the United States.

On July 17, 2018, Japan and the European Union (EU) signed the Japan-EU Economic Partnership Agreement (EPA). Japan’s Ministry of Foreign Affairs (MOFA) published on its website a summary of the tariff reductions for several EU nuts which mostly provide similar concessions to those Japan made in the Trans-Pacific Partnership (TPP) agreement negotiation (now completed as the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

 
 
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