Japan you are eager to increase your trade with Central America, Dominican Republic and Cuba and they see a great opportunity for them to export more quality agricultural products.
“We are looking for high-quality coffee to buy and there is a lot of interest from Japan in this,” he said. Shimizu Chitarydirector of the Mexico, Central America and Caribbean Division of the Japanese Ministry of Foreign Affairs, speaking with members of the JUNTOS 2022 program in Central America.
He indicated that for some Central American countries the 70% of their coffee goes to Japan.
The main products imported by Japan are from Mexico (silver, lead, orange molybdenum and shale gas); from Brazil (iron ore, nibium, bauxite, sugar cane, coffee beans, oranges, soybeans, beef, tobacco and corn); from Peru silver copper, zinc, lead and molybdenum: from Chile (copper, lithium carbonate and molybdenum); from Argentina (soybean, corn, shale gas and lithium carbonate).
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DR-Japan trade growth
The Dominican exports to Japan they have more than quadrupled from 2019 to 2022. They went from being US$19.9 million to US$160.0 million at the end of 2022. Medical utensils are mainly exported (US$34 million), this suffered a drop due to logistical difficulties that the sector had after the pandemic. They are followed by rum, tobacco and cocoa, which have a lot of growth potential, since Japan is a market of 117 million inhabitants.
In 2021, US$5.1 million of ferronickel, US$3 million of used telephones, US$2 million of cocoa beans and US$1.0 million of tobacco and derivatives were exported.
While imports of Dominican republicDesire Japan is mostly occupied by cars and motorcycles.
Ambassador Takata stressed that it is estimated that between 600 and 800 Dominicans reside in Japan.
AND Shimizu Chitary He said that in the Dominican Republic there are approximately 800 Nikkei (Japanese immigrants or descendants). In Cuba 1,200; in Colombia 2,600; in Venezuela 670, and the largest number is in Brazil 2 million; Peru 100 thousand; Mexico 76 thousand and Argentina 65 thousand.
