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Japanese apparel imports from 'China Plus One' rise
Oct '12
Japanese imports of apparels from ‘China Plus One’ countries, including Indonesia, Vietnam and Bangladesh, have grown sharply during August 2012.
In August, Japan’s total garment imports declined by 1.8 percent year-on-year to 230,867 million yen, according to the data compiled by Japan Textiles Importers Association, based on the figures released by the Ministry of Finance.
Volume-wise, too, Japanese garment imports decreased by 7.9 percent year-on-year to 360.55 million units during the month.
Japanese clothing imports from Indonesia surged by 50.1 percent year-on-year to 5,156 million yen, while those from Vietnam leaped by 23.7 percent year-on-year to 15,803 million yen.
Among the other ‘China Plus One’ countries, Japanese clothing imports from Bangladesh and Myanmar increased by 28.4 percent y-o-y and 16.3 percent year-on-year to 3,719 million yen and 3,207 million yen, respectively.
However, China continues to be the largest apparel exporter to Japan. During the month under review, Japan imported 181,525 million yen worth of garments from China, registering a fall of 5.6 percent y-o-y. Volume-wise too, the import of Chinese apparels by Japan dropped 11.4 percent y-o-y to 300.06 million units.
During the month, Japanese apparel imports from Thailand were worth 2,232 million yen, down 2.7 percent y-o-y, and garment imports from India dipped 17.7 percent y-o-y to 1,192 million yen.

Fibre2fashion News Desk - India

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