Japan's clothing and accessories imports up in H1

27 Jul '15
2 min read

The imports of clothing and accessories by Japan increased by six per cent year-on-year during the first half of 2015.
 
During the six-month period, Japan imported 1.537 trillion yen (approx. $12.46 billion) worth of apparel and clothing accessories, as per the provisional trade statistics released by the Ministry of Finance. The value of import is based upon the CIF value, and the entry is made in the year within which falls the date of the import permit.
 
During January-June 2015, Japan's garment and accessories imports from Asian countries increased by 6.3 per cent year-on-year to 1.432 trillion yen. Of this, imports from China alone accounted for 1.019 trillion yen, up 0.6 per cent, the data showed.
 
Japan imported apparel and accessories worth 73.590 billion yen from the EU, showing an increase of 2.3 per cent year-on-year. The Far Eastern country also imported 10.141 billion yen worth of clothing and accessories from the US, showing a rise of 5.6 per cent.
 
Meanwhile, value of Japan's import of textile yarn and fabrics increased by 5.9 per cent year-on-year to 474.839 billion yen during the six-month period. A bulk of these imports worth 419.857 billion yen were supplied by the countries in the Asian region, with China alone supplying goods valued at 260.335 billion yen, while imports from Asean nations stood at 95.243 billion yen.
 
Japan imported yarn and fabric worth 31.983 billion yen from the EU countries, whereas its imports from the US were valued at 14.438 billion yen, during the period under review.
 
In fiscal year 2014-15 that ended on March 31, 2015, Japan's clothing and accessories imports increased marginally by 0.2 per cent year over year to 3.324 trillion yen ($26.86 billion), while its textile yarn and fabric imports shot up by 6.7 per cent to 948.105 billion yen. (RKS)
 

Fibre2Fashion News Desk – India

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