Apparel Online India Magazine May 1-15, 2019 | Page 50

TRADE STATISTICS Japan Apparel Imports January to February 2019 Japanese apparel imports down significantly in February Japan tumbled in both volumes and values of its apparel import in February this year. The country kicked off the year on a positive note and marked growth in its import, both value-wise and volume-wise. But this sudden drop in the second month is making negative statement for the nation’s apparel trade. Last year in the same period, Japan noted almost 11% growth in value terms which have declined by (-) 3.26% in the same period of 2019. Vietnam, which marks at least double digit growth on an average, just grew by 1.42% in its exports to Japan, while Bangladesh continued rising in its respective exports and escalated by a massive 23.93% in value terms in review period. Japan Apparel Imports (Jan.-Feb. 2019) 1 0 Knitted -1 Woven 0.86% -2 -3 -4 3.46% 3.75% 3.26% 4.60% -5 5.36% -6 Quantity India Exports During the review period, India upped its exports to the Japanese market by 19.67% in volumes and 8.59% in values. Vietnam Exports Vietnam marginally grew by 1.42% in values of its exports to Japan, while volumes increased by 6.26% on Y-o-Y basis. 50 Apparel Online India | MAY 1-15, 2019 | www.apparelresources.com Total Value Bangladesh Exports Bangladesh grew massively in both knitted and woven segments. Overall, the country escalated by 28.80% in volumes and 23.93% in values. China Exports China fell significantly in its apparel export to Japan by (-) 8.43% in volumes. Values declined by (-) 9.37% in the period under review.