Apparel Online India Magazine January 1st Issue 2019 | Page 56

TRADE STATISTICS Canada Apparel Imports January to December 2018* AR Forecast: Canadian apparel industry set to grow bigger from what it achieved in 2017 Apparel market in Canada rebounded in 2018 witnessing more shoppers walking into retail stores than 2017. As a result, Canada kept surging in its apparel imports throughout the year and is expected to continue this positive performance till December. According to AR prediction, all major apparel exporters, such as Bangladesh, Vietnam, India and Cambodia will conclude 2018 on a positive note. Canada Imports in Value 4.35 % The knitted apparel will report 3.65% surge during the review period, whereas the woven segment will rise by 4.81% in value terms. India Exports in Value 3.27 % The value of Indian knitted apparel exports will surge by 9.75%. On the other hand, export value of woven segment are expected to decline by (-) 1.12% on Y-o-Y basis. * Data from Jan.-Oct. 2018 is officially available, whereas data for Nov.-Dec. 2018 is tentative. Japan Apparel Imports January to December 2018* AR Forecast: Bangladesh, Vietnam and India will emerge victorious Rising consumer preference for athleisure and knitwear garments has helped Japan increase its apparel import in 2018. China’s dominance is fading away and the countries like Bangladesh, Vietnam and India are capitalising both on large Japanese retail market as well as declining Chinese exports to Japan and will conclude this year with double-digit growth. B’Desh Exports in Value Vietnam Exports in Value 22 % 10 % Bangladesh will rise in both knitted and woven segments. Apparel exports to Japan during 2018 might surge by 20% in volumes and 22% in values. Indian apparel exports to Japan during 2018 is likely to escalate 9% in volumes and 10% in values. * Data from Jan.-Sep. 2018 is officially available, whereas data for Oct.-Dec. 2018 is tentative. 56 Apparel Online India | JANUARY 1-15, 2019 | www.apparelresources.com