Apparel Online India 1-15 July' 17 | Page 58

TRADE STATISTICS 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 apparel 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. Japan Apparel Imports (January - March 2017) 1 % -1 % 0.30% ov 0 % 0.62% 0.20% 2 % -2 % -2.22% -3 % -2.66% -3.13% -4 % Quantity India Exports India, during the review period, fell in its value-wise apparel export by (-) 4.44%, whereas volumes were down by (-) 11.13% on Y-o-Y basis. Vietnam Exports On Y-o-Y basis, the country got boost both in values (7.83%) and volumes (9.19%) of its apparel exports to Japan. 58 Apparel Online India | JULY 1-15, 2017 | www.apparelresources.com Value Bangladesh Exports 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. China Exports The country saw falling apparel exports to Japan as values decreased by (-) 5.18%, while volumes were down by (-) 1.54% on year-on-year basis.