Japan's apparel imports inches up 3.5% to $23.6 bn in 2024

However, Japan's imports of textile yarn and fabric last year decreased by 0.4 per cent, totalling 1,157,919 million yen and accounting for 1.0 per cent of total imports.

Conversely, Japan's exports of textile yarn and fabric rose by 6.9 per cent during the same period, reaching 839,583 million yen. In contrast, exports of textile machinery fell by 17.7 per cent to 270,557 million yen, contributing 0.3 per cent to total exports.

Japan registered a growth of 9 per cent in its imports of clothing and accessories, totalling 281,141 million yen (approximately $1.807 billion), during December, the last month of 2024. These imports contributed 2.9 per cent to Japan’s total imports of 9,779,667 million yen in the same month.

The country’s imports of textile yarn and fabric in December 2024 increased by 5.5 per cent year-on-year, totalling 96,937 million yen and accounting for 1.0 per cent of total imports.

Japan's exports of textile yarn and fabric rose by 2.9 per cent during the same period, reaching 79,616 million yen. The exports of textile machinery inched up by 0.4 per cent to 25,974 million yen which was 0.3 per cent to the total exports of 9,910,603 yen in the same period.

For fiscal 2023-24 (April-March), Japan’s imports of clothing and accessories amounted to 3,564,850 million yen (approximately $23.107 billion), a decrease of 1.7 per cent. Imports of textile yarn and fabric fell by 10.4 per cent to 1,143,805 million yen. In the same fiscal, Japan exported textile yarn and fabric worth 802,178 million yen, while exports of textile machinery totalled 320,947 million yen.

In fiscal 2022-23, Japan’s imports of clothing and accessories reached 3,619,550 million yen (approximately $25.05 billion), and imports of textile yarn and fabric totalled 1,275,608 million yen. During that fiscal, Japan exported textile yarn and fabric worth 776,999 million yen, while textile machinery exports amounted to 306,781 million yen.

ALCHEMPro News Desk (KUL)