Japan’s apparel imports declined by both weight-wise and value-wise in the first four months of 2021, as per Apparel Resources.
 

From January-April’21, Japan garment imports declined by 5.52 percent to 853.70 billion yen as compared to 903.54 billion yen in the same period of 2020, noting 5.52 percent yearly downfall.

 

In terms of weight, Japanese apparel import declined to 2,070.28 million kg in the mentioned period as against 2,076.55 million kg in the corresponding period of 2020 which is a 0.30 percent yearly decline.

 

The fall has been witnessed due to lowering demand of woven clothing in Japanese apparel market, while knitted segment remained positive.

 

The share of knitted garments in overall imports was 433.52 billion yen while woven garments constituted 420.17 billion yen.

 

Low unit prices in 2021 have put exporters to Japan under immense pressure as per kg garments imported by Japan valued just 410 yen in 2021’s first four months as compared to 440 yen year earlier.

 

Particularly in April’21, the country’s import revenues slumped by 7.25 percent to 223.82 billion yen as compared to April’20.

 

Source: fibre2fashion.com