Japan hopes to resume scallop exports to China as soon as possible

Japanese exports of frozen scallop meat to the United States saw a 26% increase in volume and 79% increase in value year-on-year, with the average price per kilogram being 3,586 yen. The trade volume and value of shelled scallops also surged, with a 313% increase and 528% increase in volume and value respectively. However, the scallop trade between Japan and China has been stagnant since September 2023, and Japan plans to discuss the resumption of seafood export trade to China during the upcoming China-Japan-South Korea summit.

The export volume of frozen scallop meat (product code 030722100) increased by 26% year-on-year, and the export value increased by 79% year-on-year. The average price of frozen scallops was 3,586 yen per kilogram (about 22.81 US dollars). The United States is the largest export market for Japanese scallops. In November 2024, Japan's exports to the United States increased by 42% to 786 tons, and the export value increased by 116% year-on-year to 3.244 billion yen. The average export price soared by 52% year-on-year to 4,128 yen per kilogram (about 26.2 US dollars), far exceeding 2 The low point was 2665 yen in December 2023. The export volume of shelled scallops (commodity code 030722900) increased even more, reaching 1535 tons, a year-on-year increase of 313%, and the export value increased by 528% to 613 million yen, and the average price ...