Apparel Online Bangladesh Magazine Aug'17 | Page 64

TRADE STATISTICS Canada Apparel Imports January-May 2017 Canada sees positive import value after months Outpacing the negative growth in apparel imports, Canada noted slight surge in import values during the first five months of 2017. The country, however, is less inclining towards woven apparel category which is continuously falling. The main reason behind this is the rising trend of athleisure among young population of the country indicating more consumers spending in knitted segment. Canada Imports in Value 0.59 % While the knitted segment noted 1.68% surge, the woven segment saw negative growth of (-) 0.46% in value terms. B’Desh Exports in Value 3.97 % Bangladesh continued the down turning apparel exports to Canada as during the review period, knitted garment exports fell by (-) 0.84%, whereas woven segment decreased by (-) 6.11%. Japan Apparel Imports January to April 2017 Japanese market picks up pace; apparel import gets strong boost The fall in unit prices, particularly in China and Bangladesh, boosted Japan’s apparel imports during the first 4 months of 2017. Good weather in the April month also sparked up the consumer’s outdoor activities, especially tourists, making them convinced to spend more in clothes. Meanwhile, aiming to achieve economic recovery and fiscal reconstruction, Prime Minister Shinzo Abe is regularly meeting with administration to prioritize the fiscal 2018 budget which might bring some positive news for the Japanese apparel sector. Bangladesh Exports in Value Vietnam Exports in Value 5.64 % 8.42 % Bangladesh witnessed downfall in its value-wise apparel exports to Japan by (-) 5.64%, while it declined in volumes as well by (-) 4.03% on Y-o-Y basis. 64 Apparel Online Bangladesh | AUGUST 2017 | www.apparelresources.com The country noted striking growth both in values (up by 8.42%) and volumes (up by 9.55%) of apparel exports to Japan during the period under review.