Japan's clothing imports down 7.1% in H1 2016

26 Aug '16

2 min read

In the first six months of 2016, Japan's clothing and accessories' imports decreased by 7.1 per cent year-on-year to 1,430.159 billion yen ($14.238 billion). Of this, 92.96 per cent or 1,329.501 billion yen ($13.236 billion) worth of goods were imported from Asia, provisional trade statistics released by the ministry of finance showed.

Among the Asian countries, imports from China stood at 900.445 billion yen ($8.964 billion), registering a decrease of 11.8 per cent year-on-year, the data showed.

During January-June 2016, Japan imported apparel and accessories worth 72.950 billion yen ($726 million) from the EU, down 0.9 per cent year-on-year. The Far Eastern country also imported 7.808 billion yen ($77.73 million) worth of clothing and accessories from the US, down 23 per cent.

Meanwhile, value of Japan's import of textile yarn and fabrics dropped 7.6 per cent year-on-year to 438.538 billion yen ($4.365 billion) during the period under review. A bulk of these imports valued at 388.401 billion yen ($3.866 billion) were supplied by the countries in the Asian region, with China alone accounting for 240.412 billion yen ($2.393 billion), while imports from Asean nations stood at 88.217 billion yen ($878.25 million).

Japan imported yarn and fabric worth 29.648 billion yen ($295.16 million) from the EU countries, whereas its imports from the US were valued at 12.777 billion yen ($127.20 million), during the same period. (RKS)

Fibre2Fashion News Desk – India

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