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Hong Kong: The largest importer of Japanese ag products for 13 consecutive years

According to the Nikkei News, Japan’s Ministry of Agriculture, Forestry and Fisheries data shows that, as of 2017, Hong Kong has been the largest export destination for Japanese agricultural products and food for 13 consecutive years, accounting for one-fourth of Japan’s total exports. Hong Kong has only about 7.3 million people but the use of Japanese ingredients, etc., for the production of Chinese food has been steadily increasing.

In the first seven months of this year, Japan’s exports of agricultural products and food to Hong Kong increased by 17% year-on-year to 112.6 billion yen. Far more than mainland China (76 billion yen) and the United States (65 billion yen).

The export volume of pearls favored by the wealthy in Hong Kong and the sea cucumbers used for high-end Chinese cuisine are huge. With the relaxation of import restrictions on vegetables and fruits produced in four Japanese counties in July, the scope of Japanese exports continues to increase.

Source: Sina Finance

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