Japan’s March Apparel Imports Recover Remarkably over February

According to apparel import figures, as compiled by The Japan Textiles Importers Association on the basis of Japanese Ministry of Finance trade statistics, March 2020 imports decreased by 4.4% compared to the same month of last year to 246,469 million yen, and the import volume including accessories declined by 2.4% to 82,020 tons.
Compared to February 2020 imports, which decreased by nearly 40% from the year before, March imports showed a remarkable recovery.
Imports from China decreased by 6.3% in tonnage and 9.4% in value to 45,638 tons worth 129,068 million yen. The shares of China in total imports decreased to about 30% in terms of tonnage and value in February, but surpassed 50% in March (i.e., 55.6% in tons and 52.4% in value).
March apparel imports from ASEAN grew by 4.9% and 6.4% respectively to 26,329 tons (share: 32.1%) valued at 82,962 million yen (share: 33.7%).
Imports from Vietnam (the second largest supplier) sharply increased by 12.0% and 14.7% respectively to 12,201 tons (share: 14.9%) worth 41,040 million yen (share: 16.7%).
Imports from Bangladesh (the third largest supplier) decreased by 1.1% and 6.4% respectively to 6,688 tons (share: 8.2%) valued at 13,287 million yen (share: 5.4%).
Imports from Turkey, which came in tenth place, showed double-digit growths both in tonnage and value: 260 tons (up 13.5%, 0.3% share) and 1,405 million yen (up 14.7%, 0.6% share).

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