The imports of textile yarn and fabric were valued at 1,275,608 million yen in FY23, a 23.2 per cent rise from the same period in the previous fiscal. Yarn and fabric imports accounted for 1.1 per cent of the total imports by Japan.
The imports of textile yarn and fabric from China were at 212,694 million yen in FY23, which was 10 per cent higher than FY22. The imports accounted for 1.1 per cent of Japan’s total imports from China, as per the data.
Japan’s clothing and accessories imports saw an increase of 26.1 per cent to 3,619,550 million yen in FY23, representing 3 per cent of total imports.
The imports of textile yarn and fabric grew by 23.2 per cent to 1,275,608 million yen.
Japan’s exports of textile yarn and fabric, and machinery also grew by 12.7 per cent and 19.3 per cent respectively.
During FY23, Japan exported textile yarn and fabric worth 776,999 million yen, a 12.7 per cent year-on-year increase. The country’s exports of textile machinery were valued at 306,781 million yen, a 19.3 per cent increase from the exports in FY22, contributing 0.3 per cent to the total exports.
In March 2023, Japan’s clothing and accessories imports increased by 22 per cent to 321,790 million yen (approximately $1,683.14 million), accounting for 3.4 per cent of the total imports of 9,578,794 million yen during the month. The imports of textile yarn and fabric were valued at 107,714 million yen in March 2023, a 11.1 per cent rise from the same period last year. Yarn and fabric imports accounted for 1.1 per cent of the total imports by Japan in March this year.
Fibre2Fashion News Desk (KUL)
