According to the data compiled by the Japan Spinners’ Association based on statistics released by Ministry of Finance, Japan, the country imported 117.08 million square metres of cotton fabric imports during January-June ’20 period.
Japan noted 2.1 per cent growth on Y-o-Y basis from the same period of 2019.
The first half was completely dominated by China as the country, despite COVID-19, surged by 29.40 per cent on Y-o-Y basis to ship 59 million square metres of cotton fabric to Japan. This is over 50 per cent of share in total import of Japan.
It’s worth noting here that China fell significantly in 2019 in its cotton fabric exports to Japan and 2020 has proved to be a recovering year for the country.
Indonesia was the 2nd top cotton fabric exporter to Japan in H1 ’20 as Japan imported 25.72 million square metres of cotton fabric from the country, marking 2.10 per cent yearly growth.
The officials said that the Japanese textile firms have shown strong support to Indonesian textile firms which got converted into positive results in 2020 till June.
Pakistan was the 3rd largest exporter of cotton fabric to Japan, but it couldn’t see growth in its shipment. Japanese import from Pakistani cotton fabric mills declined by 16.70 per cent to 21.61 million square metres.
Pakistan got tough competition from China as both the countries are largely shipping commodity fabrics to Japan and China has always an edge over other countries in providing low rates to buyers in bulk orders.
As far as cotton/polyester blended fabrics are concerned, Japan’s import decreased by 29.20 per cent to 31.70 million square metres.