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Reduction in Import Tariffs Should Encourage Exports to Japan

04/06/2021

According to a report in the USAPEEC MondayLine dated April 1st, Japan has reduced import duties on egg products marking the start of the third year of the U.S.-Japan trade Agreement signed in January 2020.  At this time import duties on egg products comprised 21 percent on whole frozen and dried whole egg and 20 percent on frozen egg yolk.  With passage of two years, import duties have been halved making the U.S. competitive with other exporters.  In 2020, Japan was the largest importer of egg products from the U.S. receiving 8,970 metric tons valued at $32 million with a unit value of $3,567 per metric ton.