Home / Knowledge / News / Textiles / Japanese economic downturn impacts Chinese textile exports
Japanese economic downturn impacts Chinese textile exports
01
Mar '13
The economic downturn in Japan impacted its textile imports from China last year.
 
In 2012, Chinese textile and garment exports to Japan totaled US$ 27.23 billion, showing a marginal increase of only 0.5 percent year-on-year, which was lower than the overall growth rate of 2.8 percent year-on-year achieved by Chinese textile and clothing exports during the year.
 
Chinese exports of textiles to Japan declined by 2.2 percent year-on-year, while garment exports rose by 1.1 percent year-on-year.
 
In terms of volume, knitted and woven garment exports dipped 5.7 percent year-on-year, but their average export price rose by 7 percent year-on-year.
 
Experts attribute the decline in Chinese textile and garment exports to weak export market, falling corporate profits and demographic changes, which together restricted the recovery of Japanese economy in 2012.
 

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 24th Feb 2017

Q4FY17 EPS dips 11% at apparel retailer Macy’s

For the thirteen weeks period ended January 28, 2017, earning per...

Textiles | On 24th Feb 2017

Net income slips at Westlake Chemicals in Q4

For the three months ended December 31, 2016, net income at US...

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search