The imports of textile yarn and fabric were valued at 94,112 million yen in April 2023, a 5.5 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.
On the other hand, Japan exported textile yarn and fabric worth 66,794 million yen, a 4 per cent year-on-year increase during the period under review. The country’s exports of textile machinery were valued at 27,936 million yen, a 8.2 per cent increase from the exports in April 2022, contributing 0.3 per cent to the total exports.
During last fiscal 2022-23 (April-March), Japan’s clothing and accessories imports had gained 26.1 per cent to reach at 3,619,550 million yen ($26,979.35 million). The imports of textile yarn and fabric were valued at 1,275,608 million yen in the period with a growth of 23.2 per cent.
The country had exported textile yarn and fabric worth 776,999 million yen, with a growth of 12.7 per cent during FY2022-23. The exports of textile machinery were valued at 306,781 million yen, which was 19.3 per cent higher than the shipment made in the previous fiscal.
Fibre2Fashion News Desk (KUL)