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 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

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

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Arvind Saraf
Triveni Sarees

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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