1.88 %
9.54 %
4.46 % 13.98 %
EXPORT STATISTICS
Canada Apparel Imports
January-February 2017
Amidst falling clothing imports, Canada plans to regain domestic clothing demand
Due to slump in demand for apparel after new year holidays end, Canada witnessed a forgettable apparel import during first two months of the year 2017. Despite strong job creation in retail sector in January, Canada did not do well in domestic clothing sector, thus resulting in negative imports in both knitted and woven apparels. Most of the economic pundits predicted 2017 to be a better year for Canadian imports in apparel sector but the import data and demand of clothing are not going to prove these projections right in near future. However, Canada is aiming to regain pace in domestic clothing market via duty-free access which will help the country to reduce prices back home..
Canada Imports in Value
1.88 %
While in value terms, the knitted segment saw decline of(-) 1.64 %, the woven segment registered drop of(-) 2.11 %.
B’ Desh Exports in Value
9.54 %
Continuing the negative trend in value terms, during the review period, knitted garment exports from Bangladesh to Canada fell(-) 9.42 % whereas, woven segment was down by(-) 9.61 %.
Japan Apparel Imports
January 2017
Japan starts 2017 on a high note; expects to keep momentum throughout the year
All through 2016, Japan felt load of rising economic uncertainty and thus growing price-sensitivity. But, the country has witnessed a positive impact in the starting of the year 2017 as a stronger yen impacted tourist spending on the clothing. In the year ahead, it is projected that sportswear will gain in the domestic market; thanks to the athleisure trend, as many older consumers are appreciating its comfort and investing in this category. Also, internet retailing will continue to gain share in Japanese apparel market, although store-based retailing will dominate for some time now..
Bangladesh Exports in Value
Vietnam Exports in Value
4.46 % 13.98 %
The country witnessed surge in both value( 4.46 %) and volume( 6.62 %) in apparel exports( both knitted & woven) to Japan during the period under review.
During the review period, the country surged by 13.98 % in its value-wise apparel exports to Japan. Volume terms too noted a commendable rise of 23.57 % in both knitted & woven.
60 Apparel Online Bangladesh | MAY 2017 | www. apparelresources. com