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Japan's clothing imports up 4.2% to 221,056 mn yen in Feb 2023

22 Mar '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Japan’s clothing and accessories imports increased by 4.2 per cent to 221,056 million yen (approximately $1,683.14 million) in February 2023, accounting for 2.6 per cent of the total imports of 8,552,391 million yen during the period under review, according to the provisional trade statistics released by the Far Eastern country's ministry of finance. 

The imports of textile yarn and fabric were valued at 74,645 million yen in February 2023, a 2.5 per cent decline from the same period last year. Yarn and fabric imports accounted for 0.9 per cent of the total imports by Japan. 

The imports of textile yarn and fabric from China were 37,664 million yen in February 2023, which was 9.1 per cent lower than the corresponding period in 2022. The imports accounted for 2.5 per cent of Japan's total imports from China, as per the data. 

During February 2023, Japan exported textile yarn and fabric worth 59,730 million yen, a 3 per cent year-on-year increase. The country's exports of textile machinery were valued at 27,151 million yen, a 9.7 per cent increase from the exports in February 2022, contributing 0.4 per cent to the total exports. 

In 2022, Japan's clothing imports were 3,494,110 million yen, a 23.2 per cent increase from the imports in 2021. The imports of textile yarn and fabric were valued at 1,261,222 million yen in 2022, a 25.7 per cent increase. Japan had exported textile yarn and fabric worth 772,688 million yen in 2022, a 15.2 per cent increase year-on-year. Its exports of textile machinery increased by 26 per cent to 301,414 million yen in 2022. 

Fibre2Fashion News Desk (KUL)

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