Home / Knowledge / News / Apparel/Garments / Second biggest apparel importer country throws up opportunities
Second biggest apparel importer country throws up opportunities
Aug '09
Exports from the textiles and apparel sector in the first seven months of 2009 touched, US $5.1 billion, just one percent less than that reached in the corresponding period of 2008.

These figures have come in no less measure from shipments from the sector to Japan, with which Vietnam has signed a Free Trade Agreement, which entails exports of goods at zero percent duty.

Experts are of the opinion that the Japanese high end market holds promise for Vietnamese apparel sector and they should try to take advantage and seize the opportunities thrown up by the market.

In the first six months of the year, export turnover of Vietnamese garments to Japan stood at $430 million, an increase of 22 per cent over the same period last year. Experts say that this figure can reach $900-$1,000 million by year end.

Japan is the world' second largest market for clothing. The total value of men's, women's and children's clothing imported each year is about $28 billion per year, accounting for 60 per cent of its total market value.

In Japan, the space for lower-end market for apparels is occupied by Chinese products and the Chinese textiles and garment sector accounts for 80 percent of Japanese imports from the sector.

According to a well-known fashion designer, apparels from Vietnam have not been able to compete with garments of Chinese origin, but, there was a vacant space in the high end market, which manufacturers from Vietnam can fill.

Most Japanese retailers tend to place orders in small quantities rather than in large numbers, like their European and US counterparts, which becomes easier for a exporter to process an order in time.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search