Japan's clothing imports rise 13% to 255,736 mn yen in April 2023

11 Jun '23

2 min read

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Insights

In April 2023, Japan's clothing and accessories imports rose 13.2 per cent to 255,736 million yen ($1.83 billion).
Textile yarn and fabric imports also increased by 5.5 per cent to 94,114 million yen.
Japan's yarn and fabric exports increased 4 per cent to 66,794 million yen, and textile machinery exports grew 8.2 per cent to 27,936 million yen.

Japan’s clothing and accessories imports increased by 13.2 per cent to 255,736 million yen (approximately $1,833.09 million) in April, the first month of the new fiscal 2023-24 (FY24), accounting for 2.9 per cent of the total imports of 8,721.226 million yen during the period under review, according to the provisional trade statistics released by the country's ministry of finance.

The imports of textile yarn and fabric were valued at 94,114 million yen in the first month of FY24, a 5.5 per cent rise from the same period in the previous fiscal. Yarn and fabric imports accounted for 1.1 per cent of the total imports by Japan.

During April 2023, Japan exported textile yarn and fabric worth 66,794 million yen, a 4 per cent year-on-year increase. The country's exports of textile machinery were valued at 27,936 million yen, an 8.2 per cent increase from the exports in the corresponding period of FY23, contributing 0.3 per cent to the total exports.

Japan’s clothing and accessories imports were 3,619,550 million yen (approximately $26,979.35 million) during FY23, 26.1 per cent higher than the imports of FY22. The imports of textile yarn and fabric were valued at 1,275,608 million yen in FY23, with a growth of 23.2 per cent. Japan had exported textile yarn and fabric worth 776,999 million yen while its exports of textile machinery were valued at 306,781 million yen in FY23.

Fibre2Fashion News Desk (KUL)

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