Key Topic – Japan Beef Access
Japan-Australia Economic Partnership Agreement. But exports rebounded in 2016, with volume the largest of the post-BSE era at 258,653 mt, up 26 percent year-over-year. Export value totaled $1.51 billion, up 18 percent. 2016 was an especially strong year for chilled beef exports to Japan, which were up 44 percent to 112,334. Through the first half of 2017, momentum continues to grow as exports to Japan have exceeded last year’s pace by 23 percent in volume (150,812 mt) and 28 percent in value ($905.8 million). This included a 40 percent increase in chilled beef exports to 70,807 mt, valued at $511 million (up 38 percent). U.S. beef now accounts for more than 50 percent of Japan’s chilled beef imports, surpassing Australia, and climbing from 40 percent last year. The outlook for the second half of the year is tempered somewhat, however, but the triggering of Japan’s frozen beef safeguard.