Japan's agriculture exports exceed 1 tril. yen for 1st time

© Kyodo News

The value of Japanese agriculture, forestry and seafood exports exceeded 1 trillion yen ($8.7 billion) for the first time this year, Chief Cabinet Secretary Hirokazu Matsuno said Thursday.

The export value between January and November totaled 1.06 trillion yen. Matsuno told a press conference that the figure was a "result of the combined efforts of government agencies to promote exports."

"We want to promote the growth of the agriculture, forestry and fishery industries by incorporating demand from overseas markets and stimulate regional economies," Matsuno said.

The Japanese government has set the goals of achieving 2 trillion yen in exports in 2025 and 5 trillion yen in 2030.

Japan's exports of agricultural products have grown steadily, but the 1 trillion yen goal could not be met by the initially set target year of 2020 as growth slowed due to the coronavirus pandemic. The value of exports in 2020 was 986.0 billion yen.