Apparel Online Bangladesh Magazine Magazine March 2018 | Page 60

TRADE STATISTICS Canada Apparel Imports January to December 2017 Canada concludes 2017 with a sharp rise in apparel import value Canada significantly witnessed expensive clothing import in 2017 as the country’s total import values in the clothing sector surged by 5.35%. The low Canadian dollar put pressure on retailers’ margins and forced them to offset higher costs by hiking prices all through the year. Industry watchers say Canada’s retail clothing sector is expected to slowdown in the coming few years even though the battle for luxury shoppers is reviving up. The retail sales of clothing is expected to surge at a slow pace of 2.1 per cent by 2020. B’Desh Exports in Value Canada Imports in Value 5.35 % The knitted apparel reported 7.25% surge during the review period, whereas the woven segment saw growth of 3.31% in value terms. 2.12 % Bangladesh saw surge in its knitted category export to Canada by 5.70% during the review period. However, the country saw continuous fall in woven garment exports by (-) 0.67%. Japan Apparel Imports January to November 2017 ASEAN continues to help Japan in its apparel imports Till November, Japan saw rise in its apparel imports by 3.51% over the previous year. Quantitatively, apparel imports grew by 1.23% to 3,290 million units. The import quantities from the major ASEAN countries including Myanmar, Cambodia and Vietnam posted double-digit growth with knitwear playing a leading role. B’Desh Exports in Value 3.69 % Bangladesh noted decline in both knitted and woven segments as the apparel exports to Japan during the review period dropped by (-) 8.65% in volumes and (-) 3.69% in values, respectively. 60 Apparel Online Bangladesh | MARCH 2018 | www.apparelresources.com Vietnam Exports in Value 10.35 % Vietnam witnessed surge in its apparel imports to Japan as it was up by 10.01% in volumes whereas the country saw 10.35% boost in export value.