The country’s imports of textile yarn and fabric rose by 17.9 per cent, reaching 109,699 million yen and accounting for 1.0 per cent of total imports.
Meanwhile, Japan's exports of textile yarn and fabric grew by 3.4 per cent during the same period, reaching 56,208 million yen. Exports of textile machinery increased by 14.3 per cent to 21,247 million yen, contributing 0.3 per cent to total exports.
In 2024, Japan’s imports of clothing and accessories rose by 3.5 per cent to 3,674,140 million yen (approximately $23.619 billion). However, imports of textile yarn and fabric declined by 0.4 per cent, totalling 1,157,919 million yen. During the same period, Japan's exports of textile yarn and fabric increased by 6.9 per cent, reaching 839,583 million yen, while exports of textile machinery fell by 17.7 per cent to 270,557 million yen.
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 declined 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), while 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)
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