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Monday, 01 August 2016 03:38

Japan's Seafood Imports Fall Sharply in June as Ongoing Consumption Declines, Strong Yen Deter Sales

Ongoing declines in Japanese seafood consumption coupled with shifts in foreign exchange rates contributed to declines in Japan’s seafood import volumes and values in June.


According to a report from Japan’s Finance Ministry, seafood imports in June were down 12.4 percent by volume at 159,868 ton. The value of those imports was down 16.5 percent to Y110,767.


Japan’s seafood imports by volume have not declined by double-digit figures since February 2014 while similar declines in value haven’t happened since December 2012...

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