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Japan Fact Sheet

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  • Economic Research Service

Abstract

Excerpts from the report: Japan has been the U.S. farmer's top dollar customer abroad since 1961. Agricultural imports from the United States, on a c.i.f. basis, passed the billion dollar mark in 1966—and are still on the rise. The Japanese economy has grown at an average rate of about 10 percent annually since 1952—making it one of the fastest expanding economies in the world. Japan is the top dollar market abroad for many U.S. farm commodities. In 1966, the country took more than one-fourth of our exports of soybeans, cotton, grain sorghum, cattle hides, and raisins; more than a fifth of our exports of inedible tallow, nonfat dry milk, and fresh lemons. Japan also was our biggest cash customer abroad for baby chicks, sweet shelled almonds, vegetable oil extracts, and natural orange oils.

Suggested Citation

  • Economic Research Service, 1968. "Japan Fact Sheet," Miscellaneous Publications 321813, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:321813
    DOI: 10.22004/ag.econ.321813
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