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

TRADE STATISTICS Japan Apparel Imports January 2018 Japan begins 2018 with decline in its apparel imports Over the years, Japanese consumers’ apparel spending has been greatly affected by factors such as tax increment, ageing population and low disposable income. These factors have resulted in price sensitivity among the Japanese customers and it’s further causing a shift in purchasing pattern that is greatly affecting the apparel industry in Japan. As a consequence, the year 2018 too started on a negative note as the country imported low volumes on high unit prices in January month. Japan Apparel Imports (January 2018) 0 -1 -2 -3 -4 -5 -6 -7 -8 -9 -10 -11 -12 Knitted Woven 9.13% 11.78% India Exports During the review period, India fell both in its volume-wise and value-wise apparel exports to Japan by (-) 5.40% and (-) 1.65%, respectively. Vietnam Exports Vietnam witnessed surge in its apparel exports to Japan as the country was up by 10.84% in volumes; whereas the country got 10.07% boost in export value. -10.15% 10.46% 11.28% Quantity 50 Apparel Online India | MAY 1-15, 2018 | www.apparelresources.com Total -11.44% Value Bangladesh Exports Bangladesh noted decline in both knitted and woven segments. Apparel exports to Japan during the review period dropped by (-) 2.25% in volumes and (-) 4.63% in values. China Exports China was down significantly in volume- wise apparel exports to Japan by (-) 16.49%. On the other hand, values too tumbled by (-) 19.14%.