Japan: Most USJTA TRQs Underfilled in JFY 2020
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The U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin. However, with exception of food wheat, fill rates for these TRQs were low in Japanese Fiscal Year (JFY) 2020. This report provides data on TRQ allocation and fill rates, together with out-of-quota imports observed during the last fiscal year.
