Japan’s imports of clothing and accessories increased by 47.3% year-on-year to 400,348 million yen (approximately $2,791 million) in August 2022, media reported based on the provisional trade statistics by Japan’s ministry of finance.
The report added that clothing imports accounted for 3.7% of the country’s total imports of 10,879,249 million yen during the month under review.
The imports of textile yarn and fabrics were valued at 118,233 million yen in August 2022, which is 43.1% higher than the same month of last year. Textile yarn and fabric imports were 1.1% of the total imports of Japan, according to the data.
Japan exported textile yarn and fabrics worth 62,810 million yen, an increase of 19% year on year. The textile yarn and fabric exports accounted for 0.8% of the total exports of 8,061,925 million yen from Japan in August 2022.
Moreover, Japan exported textile machinery worth 25,223 million yen, which was 13.1% higher than in August 2021. It contributed 0.3% to the total exports.
Meanwhile, Bangladeshi manufacturers are eying to grab the market in Japan and other East Asian countries as they are preparing a roadmap to export $100 billion worth of garment items by 2030 and capture 10% of the global market by 2025, riding on exploring new markets like Japan, Korea, India and many more.