Home / Knowledge / News / Textiles / Japan's textile machinery exports jump 53.3% in Feb'14
Japan's textile machinery exports jump 53.3% in Feb'14
28
Mar '14
The exports of textile machinery from Japan increased by 53.3 percent year-on-year to 30.898 billion yen in February 2014, according to the trade statistics released by the Ministry of Finance.
 
The Asian countries accounted for most of textile machines from Japan during the month. These countries imported 24.464 billion yen worth of textile machines, registering a growth of 42.9 percent year-on-year. Of this, exports to China soared 66.9 percent year-on-year to 15.844 billion yen, whereas those to the Asean countries inched up by 4.4 percent year-on-year to 2.718 billion yen.
 
Textile machine exports to the US surged by 61.3 percent year-on-year to 833 million yen during the month under review, while those to the EU declined by 1.2 percent year-on-year to 782 million yen, the data showed.
 
Meanwhile, Japan’s total exports of textile yarn and fabric in February 2014 increased by 5.9 percent year-on-year to 55.599 billion yen. 
 
Asian nations imported 40.016 billion yen of yarn and fabric from Japan in February 2014, showing a rise of 23 percent compared to the same month last year. Of this, China imported yarn and fabric worth 18.996 billion yen, up 27.1 percent year-on-year, while the Asean nations imported 11.411 billion yen worth of goods, up 15.9 percent year-on-year.
 
However, Japan’s yarn and fabric exports to the Middle East countries decreased by 12.9 percent year-on-year to 2.913 billion yen during the month.
 
Japan’s yarn and fabric exports to the EU countries showed a marginal rise of 0.8 percent year-on-year, and increased to 4.696 billion yen in February 2014, whereas exports to the US increased by 11 percent year-on-year to 3.883 billion yen.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin
Chapurin

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search