Apparel Online India Magazine December 1st Issue 2018 | Page 50

TRADE STATISTICS Japan Apparel Imports January to August 2018 Major apparel hubs capitalise on vibrant Japanese apparel market Japan, the 4th largest apparel retail market in the world, offers some of the most interesting opportunities for the apparel exporters across the world. The same could be witnessed during the 8-month period of 2018 when major apparel exporting destinations such as Bangladesh, Vietnam and India noted jump in both values and volumes capitalising both on the large retail market as well as declining Chinese exports to Japan. However, Japan also experienced surge in the unit prices by 2.32 per cent which, if continued, is expected to slow down the export in the subsequent months. Japan Apparel Imports (Jan.-Aug. 2018) 6 5.68% 5 5.17% 4.61% 4 2.92% 3 2 2.29% 2.08% 1 0 Knitted -1 Woven Quantity India Exports During the review period, India continued seeing growth in the Japanese market by 10.22% in volumes and 10.27% in values. Vietnam Exports Vietnam too noted jump by 20.18% in volumes, while values increased by 21.04% on Y-o-Y basis. 50 Apparel Online India | DECEMBER 1-15, 2018 | www.apparelresources.com Total Value Bangladesh Exports Bangladesh grew massively in both knitted and woven segments. Overall, the country upped by 22.26% in volumes and 23.06% in values. China Exports China kept falling in its apparel exports to Japan as volumes plunged by (-) 1.83%; values too tumbled by (-) 0.88%.