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Japan's apparel imports from Bangladesh defy global bearish trend

08 May '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Despite global export demand remaining bearish in H2 2022 due to the Russia-Ukraine war and high inflation, Japan's apparel imports from Bangladesh grew by **.**% to $****.** billion in 2022.
  • This upward trend persisted into Q1 2023.
  • Bangladesh became Japan's 3rd largest apparel supplier with a **.**% share.
  • China and Vietnam were top supplier.

Japan’s inbound shipment of apparel from Bangladesh increased from $*,***.*** million in **** to $*,***.*** million in ****, according to *f&utm_medium=ballripple&utm_campaign=Texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. The import grew to $*,***.*** million in **** against $*,***.*** million in ****. But it eased down to $*,***.*** million in **** due to COVID-**.

On a quarterly basis, the import increased to $***.*** million in Q*,**** against the shipment of $***.*** million in Q*, **** and $***.*** million in Q*, ****. The trade remained volatile as it eased down to $***.*** million in Q*, **** but rose to $***.*** million in Q*, ****. It further slipped to $***.*** million in Q*, ****, as per *f&utm_medium=ballripple&utm_campaign=Texpro_****" target="_blank">TexPro.

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