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

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Priyanka
Studio Priyanka Rajiv

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

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X