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Friday, 28 August 2020 12:45

Japan’s textile and apparel exports drop 13 per cent

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As per latest released statistics from Japan’s Ministry of Finance, the country’s textile and apparel (T&A) exports declined by 13 per cent on Y-o-Y basis to $3.29 billion during the January-June’20 (H1) period. Textile exports declined to $3.05 billion while apparel products declined by 8 per cent to $229.80 million. Of all textile products, the export of textile fibers declined 5 per cent to $400.60 million. On the other hand, exports of rayon staple fibers surged significantly by 123 per cent to $96.29 million. Export of polyester staple fiber decreased by 13 per cent to $18.30 million and that of acrylic staple fiber declined by 23 per cent to $203.40 million

The value of Japan’s yarn exports also dropped 19 per cent to $386.39 million. Of this, the value of Rayon filament yarn dropped by 28 per cent to $54.74 million while that of nylon filament yarn declined by 32 per cent to $62.62 million and polyester filament yarn export declined by 14 per cent to $42 million.

Furthermore, Japan’s fabric exports also dropped by 23 per cent to $1.05 billion. Of this, exports of nonwoven and coated fabrics plunged by 4 per cent and 22 per cent, respectively, to $361.64 million and $179.60 million.

On the contrary, the volume of nonwoven fabric exports increased by 16 per cent on Y-o-Y basis in H1 ’20.