Today: 25/02/2024 05:29:51 (GMT+7)

Vietnamese agricultural, seafood and food products see huge potential in Japanese market

The Japanese market boasts a large demand for imported agricultural, seafood and other food products and is also considered a market with huge potential for Vietnamese enterprises in 2022, according to the Vietnam Trade Office in Japan.

Total bilateral trade revenue between Vietnam and Japan reached 42.7 billion USD in 2021, up 7.8% compared to 2020 despite the impact of the Covid-19 pandemic.

Vietnamese agricultural, seafood and food products, huge potential, Japanese market, large demand,  bilateral trade revenue

Vietnamese lychee sold at AEON Lake Town supermarket in Saitama (Japan).

Although Vietnamese seafood exports to Japan saw a decrease of 7.4% in 2021, other agricultural products posted high growth rates including coffee (up 25.5%), vegetables (up 20%), cashew nuts (up 39%), pepper (up 56%) and others.

Several Vietnamese fruit products also occupy a large market share and are becoming more popular in the Japanese market including dragon fruit, mango, coconut, and lychee.

A total of ten million Asian people, including nearly 500,000Vietnamese, were living and working in Japan as of 2021, creating huge potential for the import of Vietnamese products to Japan in the future.

Vietnam's agricultural, seafood and food products have become popular with various varieties on the shelves of major supermarket chains in Japan such as AEON, Donkihote, and Itoyokado.

The Vietnam Trade Office in Japan has always promoted its role as a bridge to connect Vietnamese and Japanese enterprises as well as conducting new trade promotion activities to adapt to the new situation, including the organisation of online workshops and the release of manuals to provide more market information for Vietnamese enterprises and exporters.

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Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade in collaboration with the Vietnam Trade Office in Japan on December 23 organised a trade exchange to connect businesses of Vietnam and Japan in the field of food processing.
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The Vietnam Festival 2021 began in Tokyo, Japan on December 11, attracting a large number of visitors.
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Bac Giang to receive five more lychee growing area codes for Japanese market
(BGO) – Bac Giang province plans to cultivate about 28,000 ha of lychee with estimated productivity of 160,000 tonnes of fruits in 2022, including over 6,750 ha of early ripening lychee and 21,250 ha of main season fruit, reported the Department of Agriculture and Rural Development (Department).
Vietnam, Japan sign MoC on protecting rights of Vietnamese workers in Japan
The Vietnam Association of Manpower Supply (VAMAS) and Japan’s Association for foreign human resource development has signed a memorandum of cooperation (MoC) on improving the quality of human resources and protecting the rights of Vietnamese workers in Japan.

Source: NDO

Vietnamese agricultural, seafood and food products, huge potential, Japanese market, large demand, bilateral trade revenue
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