Key Takeaways:

Japan’s mountainous geography and limited farmland constrain domestic agricultural production, while its highly developed economy and substantial purchasing power make it one of the world’s most important agricultural import markets. Japan’s calorie-based food self-sufficiency ratio declined to 37 percent in fiscal 2025, reflecting its heavy reliance on imported food products and livestock feed ingredients, including approximately 15.6 MMT of corn forecast for 2026/27. Japan remains a major market for U.S. agricultural exports, purchasing approximately $12.85 billion in 2025 and accounting for 7.5 percent of total U.S. agricultural exports. Unlike China, where agricultural imports can fluctuate considerably...