Tue. Apr 16th, 2024

According to provisional statistics as compiled by The Japan Textiles Importers Association based on Japanese Ministry of Finance trade statistics, May Japanese imports of apparel fell 28.9% in weight and 32.7% in value to 49,855 tons worth 140,696 million yen.

Apparel imports dropped in February, but showed a recovery in March and April.

Imports from China declined by 23.1% and 26.0%, respectively. The share of Chinese apparel in total imports exceeded 60%: 65.8% in tons and 62.2% in value.

Imports from ASEAN decreased by 27.4% and 28.5%, respectively, and their share was 29.6% in tons and 29.9% in value.

Imports from Vietnam (the second largest supplying country) were down 24.7% and 23.1%, respectively.

Imports from Indonesia (which rose to third) declined by 19.8% and 28.8%, respectively.

(Refer to table in Statistics section.)

By daisen