Textile machine exports swell 33.5% in 2013

The exports of textile machines from Japan surged up by 33.5% year-on-year to 253.354 billion yen in 2013, according to the trade statistics released by the Ministry of Finance.

Textile machine exports to the US increased by a sharp 37.3% year-on-years to 7.269 million yen during the 12-month period, while those to the EU rose by a substantial 59% year-on-years to 11.103 million yen.

Accounting for the bulk of the exports, Asian countries imported 207.357 million yen worth of textile machines from Japan in January-December 2013 period, registering a growth of 33.5% year-on-year. Of this, exports to China climbed 27.1% year-on-year to 115.386 million yen, whereas those to the Asean countries inched up by 18.3 %year-on-year to 27.556 million yen.

In 2013, Japan exported 657.313 million yen of textile yarn and fabrics, showing a rise of 6.9% compared to the exports made in the previous year, as per the data.

While Japan’s textile yarn and fabric exports to the US increased by 9.3% year-on-year to 43.669 million yen during the year, its exports to the EU rose 17.3% year-on-year to 58.652 million yen.

Japan supplied 498.674 million yen worth of textile yarn and fabric to Asian countries, recording a growth of 4.9% year-on-year. Of this, exports to China decreased by 0.6% year-on-year to 242.583 million yen, but exports to Asean nations increased by 11.1% year-on-year to 145.564 million yen.

 

 
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