Japanese apparel import got a sharp fall in May this year as the country imported apparels worth US $ 1,996 million in the said month, while the import value in April was US $ 2,169 million. The fall recorded was 7.97 per cent on monthly basis.
Knitted apparel import plunged significantly to US $ 913.32 million as compared to US $ 1,015 million in April. On the other hand, woven clothing import too plummeted to US $ 1,083.63 million in May from US $ 1,155.50 million in April, this year.
The downfall was noted mainly due to declining value of Japanese yen.
However, cumulatively during January to May ’18 period, Japan’s import value stood at US $ 1076 billion noting a surge by 2.46 per cent, respectively.
Bangladesh and Vietnam continued their robust performance in their respective apparel exports to Japan during the first 5 months of the year. Bangladesh exported apparels worth US $ 453 million marking 13.64 per cent surge, while Vietnam’s shipment to Japan stood at US $ 1,423.32 million with a surge of 14.81 per cent on the yearly note.
Markedly, India witnessed a growth in overall apparel export shipment to Japan, valued at US $ 147.91 million noting 9.54 per cent growth in the said period. However, the period did not turn out to be positive for knit clothing as exports of this segment fell 1.11 per cent.
It’s pertinent to mention here that Japan has signed an FTA with EU recently which is said to make imports cheaper from the region, in upcoming months.
Bharat Tex Special Report 2026 
