How much could US agricultural exports to Japan increase?

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US Agricultural Exports to Japan Could Increase by Up to US$7 Billion Annually

The United States could see its annual agricultural exports to Japan increase by as much as US$7 billion, a significant boost from the current level of US$14 billion. This potential growth is a key component of a preliminary trade agreement reached between the two nations.
Expanded Agricultural Tariffs

The newly agreed-upon trade framework includes a reduction in agricultural tariffs across the board. This move is expected to benefit various US agricultural producers, including those involved in beef, pork, wheat, dairy products, wine, and ethanol.
Restored Market Access

This preliminary deal is anticipated to restore some of the access US agricultural products previously had to the Japanese market. Such access was diminished when the United States withdrew from the Trans-Pacific Partnership trade deal in 2017. Competitors from countries that remained in the TPP, such as Australia and Canada, had gained an advantage.
Potential for Increased Corn Purchases

As part of the discussions, Japan has indicated an agreement to purchase excess US corn. This surplus corn has been a burden on American farmers, partly due to the ongoing tariff disputes between Washington and Beijing. Any such purchase would be facilitated through private sector channels.

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How much could US agricultural exports to Japan increase?

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