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 YoY basis to USD 3.29 billion during the January - June’20 (H1) period. Textile exports declined to USD 3.05 billion while apparel products declined by 8 per cent to USD 229.80 million.

 

Of all textile products, the export of textile fibers declined 5 per cent to USD 400.60 million. On the other hand, exports of rayon staple fibers surged significantly by 123 per cent to USD 96.29 million. Export of polyester staple fiber decreased by 13 per cent to USD 18.30 million and that of acrylic staple fiber declined by 23 per cent to USD 203.40 million.

 

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

 

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

 

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

Source: fashionatingworld.com