Japan Apparel Imports
January to May 2018
Japanese apparel imports fall in May
Japanese apparel import saw a sharp fall in May this year. The country imported apparels worth US $ 1,996 million in May, while the import value in April was US $ 2,169 million. Knitted apparel import plunged significantly to US $ 913.32 million as compared to US $ 1,015 million in April month. The downfall was noted mainly due to the weakening yen which impacted import. However, Japan has signed an FTA with EU recently which is said to make import cheaper from the region in upcoming months.
During the review period, India got a boost in both volume and value of apparel exports to Japan by 7.56% and 9.54%, respectively.
Vietnam escalated in its apparel exports to Japan as the country was up by 17.88% in volumes, whereas the country got 14.81% boost in export value.
Bangladesh noted surge in both knitted and woven segments. Apparel exports to Japan upped by 15.65% in volumes and 13.64% in values.
China continued falling in its apparel exports to Japan as volumes dipped by (-) 1.46%; values too plunged by (-) 2.76%.