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Chinese textile & apparel exports to Japan dip in August
14
Oct '13
The exports of textiles and apparel from China to Japan declined by 2.83 percent year-on-year to US$ 2.66 billion, according to Chinese customs statistics.
 
While textile exports earned US$ 430 million, down 3.61 percent year-on-year, during the month, clothing exports fetched US$ 2.23 billion, showing a decrease of 2.68 percent year-on-year.
 
From January to August 2013, China’s textile and apparel exports to Japan totaled US$ 16.9 billion, registering a drop of 0.5 percent year-on-year. Of this, textile exports decreased by 5 percent year-on-year to US$ 3 billion, while apparel exports increased by 0.55 percent year-on-year to US$ 13.9 billion.
 
From the monthly perspective, China’s textile and apparel exports to Japan have experienced ups and downs during the year. After posting a growth of 16.68 percent year-on-year in February, exports fell by 10.5 percent in March. Exports stabilized from April and showed modest growth for the fourth consecutive month in July. However, they fell by 2.83 percent in August.
 
In August, China exported 9.26 million metres of cotton fabric worth US$ 9.98 million, down 40 percent year-on-year and 44 percent year-on-year, respectively. Meanwhile, synthetic fibre fabric exports volume increased to 15.05 million metres, while its value remained flat at US$ 13.97 million.
 
China’s exports of silk woven garments to Japan increased substantially by 781 percent year-on-year to 640,000 sets, worth US$ 14.19 million, up 325 percent. From January to August, Chinese silk woven garment exports to Japan have grown rapidly at 111 percent, which suggests that the future Japanese demand for silk woven garments will grow substantially.
 
During the eight-month period, Jiangsu, Shandong, Shanghai, Zhejiang and Liaoning, were the top five Chinese provinces, which together exported around 80 percent of textiles and apparel to Japan. 
 

Fibre2fashion News Desk - India


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