Apparel Online Bangladesh Magazine July' 17 | Page 64

EXPORT STATISTICS Canada Apparel Imports January-April 2017 Canada revamps slightly in April amidst fluctuating market Canada is still falling in value terms of its apparel imports as this downfall is clearly announcing the declining unit prices of apparels. Domestic market is creating new demand for athleisure and knitwear, but other product categories are significantly going down with less consumer spending. However, apart from FTA with North and South American countries, Canada is targeting to set trade relationships with UK also after its exit from EU which might boost its falling economy. Canada Imports in Value 0.33 % While the knitted segment saw marginal boost of 0.89%, the woven segment registered negative growth of (-) 1.50% in value terms. B’Desh Exports in Value 5.50 % Bangladesh continued its slowdown in apparel exports to Canada as during the review period, knitted garment exports fell by (-) 3.73%, whereas woven segment decreased by (-) 6.67%. Japan Apparel Imports January to March 2017 Apparel imports by Japan recovers in Q1 Amidst hindering global growth due to demographic and economic trends, domestic market in Japan keeps the imports alive while tourist spending disappoints the country. During the first quarter, Japan recovered in its clothing imports with the emergence of e-commerce. Still, many successful retailers are not offering online shopping and are notably avoiding this channel due to profitability concerns. Instead they are seeking to keep prices low in store. This scenario might boost consumer spending in apparel, resulting in more imports by Japan in the year ahead. Bangladesh Exports in Value Vietnam Exports in Value 4.96 % 7.83 % The country witnessed downfall in value-wise apparel exports to Japan by (-) 4.96%, while it fell down in volume by (-) 1.84% during the review period. 64 Apparel Online Bangladesh | JULY 2017 | www.apparelresources.com On Y-o-Y basis, the country got boost both in values (7.83%) and volumes (9.19%) of its apparel exports to Japan.