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Japan's apparel imports from China sees sharp rise in recent months

01 Jan '23
2 min read
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Insights

  • Japan's apparel import from China has witnessed robust growth of around 50 per cent in recent months. The value of apparel import, which was $914.789 million in June 2022, increased to 1,641.762 million in August. The upward trend in Japan's import indicates shifting of Chinese market after restrictions were put in place by the United States in June 2022.
Japan’s apparel import from China has witnessed robust growth of around 50 per cent in recent months. The value of apparel import, which was $914.789 million in June 2022, increased to 1,641.762 million in August. The upward trend in Japan’s import indicates shifting of Chinese market after restrictions were put in place by the United States in June 2022.

Japan’s monthly import was $1,043.636 million in July, $914.789 million in June and $1,018.363 million in May 2022, but it jumped sharply to $1,641.762 million in August, according to Fibre2Fashion’s market insight tool TexPro. The inbound shipment slightly eased to $1,523,965 million in September and $1,438.483 million in October 2022. But the gains remained intact to some extent.

The import has recorded robust growth in third quarter of this year. It rose to $4.209 billion in July-September 2022 against $2.8 billion of April-June 2022. Total import reached $11.759 billion in the first ten months of the current year. Japan’s apparel import from China last year was $13.878 billion, as per TexPro. If the trend of third quarter continues, Japan’s import of current year is expected to cross the last year’s figure.

Japan’s import of apparel from China was recorded at $13.342 billion in 2020, $15.903 billion in 2019, $16.992 billion in 2018 and $16.754 billion in 2017.

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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