In the initial ten months of 2023, Japan's apparel imports soared by 2.08% YoY, reaching US $19.59 billion. Notably, October witnessed a sharp 11.40% MoM surge, totaling US $2.93 billion.
Despite the value spike, 5.29% decline in the weight of imports from January to October 2023.
China remained the leading apparel exporter, but with a 5.71% decrease, while Vietnam experienced a noteworthy 12.07% growth.
Other nations, including Bangladesh, India, Pakistan, and Indonesia, reported increased export values but faced simultaneous declines in shipment weight.
