Japan's clothing imports up 1.5% in April-Sep '17

29 Oct '17

2 min read

Japan’s imports of clothing and accessories increased slightly by 1.5 per cent year-on-year to 1,520.662 billion yen ($13.34 billion) in the first six months of fiscal year 2017-18. Of this, 92.63 per cent or 1,408.607 billion yen ($12.35 billion) worth of goods were imported from Asia, according to trade statistics from the ministry of finance.

Among the Asian countries, imports from China stood at 956.620 billion yen ($8.39 billion), an increase of 0.4 per cent year-on-year, the data showed.

During April-September 2017, Japan imported apparel and accessories worth 81.949 billion yen ($0.72 billion) from the EU, up 0.6 per cent year-on-year. The Far Eastern country also imported 6.604 billion yen ($57.92 million) worth of clothing and accessories from the US, down 5.6 per cent.

Meanwhile, the value of Japan’s import of textile yarn and fabrics increased 6.5 per cent year-on-year to 448.190 billion yen ($3.93 billion) during the period under review. A bulk of these imports valued at 404.606 billion yen ($3.55 billion) were supplied by the countries in the Asian region, with China alone accounting for 253.023 billion yen ($2.22 billion), while imports from Asean nations stood at 93.764 billion yen ($822.40 million).

Japan imported yarn and fabric worth 33.174 billion yen ($290.97 million) from the EU countries, whereas its imports from the US were valued at 12.258 billion yen ($107.51million), during the six-month period. (RKS)

Fibre2Fashion News Desk – India

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