It may be interesting to see how much Japan exports to the US and the EU. I did an analysis and here are the results.The results are not very surprising because exports to both the markets show some similar trends.
The year 2004 & 2005 have been the best for exports to both EU and US. Though for exports to US , 2006 has also been the best
The prices have been more or less stable over a period of time . In EU also the prices /kg have been more or less stable and so is the case in US. However, US shows an increase in average prices in 2007
The decline in exports of denim fabrics is visible in 2006 in EU and in 2007 in USA
If we extrapolate the figures of 5 months of 2007 for USA, then approximately 5.5 million square mtrs will be exported to US in 2007 against 6.2 million sq mtrs in 2006.
Lets have a look :
Year | Quantity(Sq.Mtrs) | Value(1000 Yen) | Value(million USD) | Price(USD/Sq.Mtr) |
2000 | 765045 | 379121 | 3.13 | 4.09 |
2001 | 600841 | 323281 | 2.67 | 4.44 |
2002 | 2047052 | 1013449 | 8.37 | 4.09 |
2003 | 3534981 | 1768710 | 14.61 | 4.13 |
2004 | 7987713 | 3943224 | 32.58 | 4.07 |
2005 | 6132694 | 3137537 | 25.93 | 4.22 |
2006 | 6219223 | 3441724 | 28.44 | 4.57 |
2007(Jan-May) | 2230106 | 1272908 | 10.51 | 4.71 |
Source: The Customs Deptt of Japan
Note: The exchange rate of USD to Yen has been taken as the current rate of
121 Yen/USD