According to statistics from China Customs and Ministry of Finance of Japan, China textile export during January to April in 2010 to Japan decreases compared to the same period last year. Moreover, China textile share of Japan textile market shrinks. Although Japanese economy maintains going out of crisis, the expectation of China textile export to Japan is not optimistic because of the bad textile sales in Japan and other uncertain factors.
Statistics from China Customs show that the textile export value to Japan during January to April in 2010 is 6.849 billion US dollars, down 3.67% compared to the same period last year.
Statistics from Ministry of Finance of Japan show that China's textile export value to Japan during January to April in 2010 is 7.846 billion US dollars, decreasing 4.52% compared to the same period last year. Although China and Japan's measurement tools differ, we still can see the drop from both statistics.
According to Ministry of Finance of Japan, Japan's total textile import value during January to April in 2010 is 10.246 billion US dollars. Import value from China takes 76.57%, falling 1.82%.
The main reason of drop of China's textile export to Japan is the bad sales of textile. However, competition from Vietnam and Thailand cannot be ignored. Japan's textile import from Vietnam increases by 3.59%. Thailand enjoys a growth of 5.52%.
