Seafood Proves Sweet Spot in Japan’s Exports on Weak Yen
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Seafood is a sweet spot in Japanese exports this year that’s pushing sales of food abroad to a record and gaining strength as the yen weakens.
Food shipments increased every month this year through September as the currency fell 4 percent, putting them on course to exceed the all-time high of 436 billion yen ($4.1 billion) in 2013. That contrasts with total exports from Japan, which haven’t recovered to their 2008 peak, even as data yesterday showed increases for motor vehicles, ships and steel.