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Japan minister says food exports outpacing government’s target

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Staff writer ▼ | October 3, 2015
Japan’s exports of agricultural, forestry and fishery goods, together with overseas shipments of processed food products, are seen topping ¥700 billion ($5,834 billion) in 2015, one year ahead of the government’s target, Agriculture, Forestry and Fisheries Minister Yoshimasa Hayashi said.
Yoshimasa Hayashi
Food trade   $5,834 billion in 2015
Exports of the products totaled ¥413.6 billion in the first seven months of this year.

The government set targets of boosting exports of the products to ¥700 billion in 2016 and ¥1 trillion in 2020, against the backdrop of the growing popularity of Japanese cuisine overseas.

Hayashi also referred to the government’s efforts to attract more foreign tourists to Japan.

“If the annual number of tourists from overseas reaches 20 million, their spending on food alone could hit ¥1 trillion,” he said.

The minister stressed the importance of revitalizing regional economies by promoting tourism.