ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconFacebook IconIcon FacebookGoogle Plus IconLayer 1InstagramCreated with Sketch.Linkedin IconIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintRSS IconIcon SearchSite TitleTitle ChevronTwitter IconIcon TwitterYoutube Icon

Japan produce distributor Farmind to boost trade with Taiwan

Wholesaler seeks broader, more stable supply of vegetables and fruit

TOKYO -- Japanese produce wholesaler Farmind will partner with a Taiwanese agricultural development concern to expand trading of fruit and vegetables with the island.

The two parties are set to sign a basic agreement Friday for a venture that will ship vegetables and fruits grown in Taiwan to Japan. The plan is to increase imports and exports of produce to around 10 billion yen ($89 million) each, more than doubling bilateral trade volume from current levels.

Tokyo-based Farmind has 14 logistics centers in Japan, and sells produce to around 30,000 stores in the country, including supermarkets and convenience stores. It will import carrots, onions, pineapples and other items from Taiwan and sell them to retailers and restaurants looking to broaden their offerings and stabilize procurement by diversifying sourcing locations.

The Taiwanese company, founded last year with the aim of revitalizing agriculture, hopes to go full-bore on exports to Japan via the tie-up.

Ahead of this partnership, Farmind signed a basic agreement with Chuan Lian Enterprise, operator of Taiwan's largest supermarket chain, Pxmart. Japan-grown apples, highly regarded for their quality, may be exported to Taiwan under the deal.

Farmind will encourage producers in both markets to obtain Global G.A.P. certification to assure quality.

The Japanese company is also thinking about broadening procurement and supply arrangements to South Korea. By having three markets supplement each other's offerings, Farmind seeks to optimize production and distribution. 


Get unique insights on Asia, the most dynamic market in the world.

Offer ends September 30th

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

{{sentenceStarter}} {{numberReadArticles}} free article{{numberReadArticles-plural}} this month

Stay ahead with our exclusives on Asia; the most dynamic market in the world.

Benefit from in-depth journalism from trusted experts within Asia itself.

Try 3 months for $9

Offer ends September 30th

Your trial period has expired

You need a subscription to...

See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

See all offers
NAR on print phone, device, and tablet media