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Japan's apparel imports from Asean nations shoot up
14
Sep '12
Japanese imports of apparels from ‘China Plus One’ countries, especially those from the Southeast Asian (Asean) region, have grown tremendously during July 2012.
 
In July this year, Japan’s total garment imports rose by 2.4 percent year-on-year to 174,601 million yen, according to the data compiled by Japan Textiles Importers Association, based on the figures released by the Ministry of Finance.
 
Volume-wise, however, Japanese garment imports declined by 4 percent year-on-year to 290.2 million units during the month.
 
Japanese clothing imports from Asean countries jumped by 27.1 percent year-on-year, with imports from Indonesia surging by 63.3 percent year-on-year to 3,689 million yen.
 
Japan’s apparel imports from Vietnam leaped by 24.1 percent year-on-year to 13,095 million yen, while those from Myanmar and Thailand climbed by 19.1 percent y-o-y and 13.1 percent y-o-y to 2,278 million yen and 1,949 million yen, respectively.
 
Among the other ‘China Plus One’ countries, Japanese clothing imports from Bangladesh soared by 52.5 percent y-o-y to 3,662 million yen.
 
However, China continues to be the largest apparel exporter to Japan. At present, China accounts for 74 percent share in Japan’s total garment imports in terms of value. In terms of quantity, China enjoys 81.1 percent share in Japanese market.
 
During the month under review, Japan imported 129,251 million yen worth of garments from China, registering a fall of 3.1 percent y-o-y.
 
Volume-wise too, the import of Chinese apparels by Japan dropped by 8.9 percent y-o-y to 235.29 million units.
 

Fibre2fashion News Desk - India

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