Japan’s clothing and accessories imports increased by 13.2 percent to 255,732 mn yen (approximately $1,849.03 mn) in April 2023, accounting for 2.9 percent of the total imports of 8,720,832 million yen during the period under review, according to the provisional trade statistics released by the Far Eastern Country’s Ministry of Finance.
The imports of textile yarn and fabric were valued at 94,112 mn yen in April 2023, a 5.5 percent rise from the same period last year. Yarn and fabric imports accounted for 1.1 percent of the total imports by Japan.
On the other hand, Japan exported textile yarn and fabric worth 66,794 mn yen, a 4 percent year-on-year increase during the period under review. The country’s exports of textile machinery were valued at 27,936 mn yen, a 8.2 percent increase from the exports in April 2022, contributing 0.3 percent to the total exports.
During last fiscal 2022-23 (April-March), Japan’s clothing and accessories imports had gained 26.1 percent to reach at 3,619,550 mn yen ($26,979.35 mn). The imports of textile yarn and fabric were valued at 1,275,608 mn yen in the period with a growth of 23.2 percent.
The country had exported textile yarn and fabric worth 776,999 mn yen, with a growth of 12.7 percent during FY2022-23. The exports of textile machinery were valued at 306,781 mn yen, which was 19.3 percent higher than the shipment made in the previous fiscal.