Japan economy and textile industry
Date Submitted: 03/02/2002 23:57:20
JAPAN
I.Introduction
General Business Environment
Japan imports large amount of textiles and clothing products and this trend has increased over the long term. Japan has no experience of using safeguard measures pursuant to MFA (Multi-lateral Fiber Agreement) and ATC (Agreement on Textiles and Clothing).
The recent situation in the Japanese textile and clothing industry is characterized by the fact that imports, most of which are apparel and clothing products, have been expanding more rapidly
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calculated. Number of projects is calculated only new investment. Figures released in yen since JFY 1996.
2) Japanese overseas investment by region
In terms of cumulative figures since JFY 1951, the shares of regions receiving new direct investment from Japan are as follows:
-By number of projects: Asia 73.3%, North America 8.0%
-By value: Asia 54.3%, North America 19.6%
Asia's share is overwhelming. In JFY 2001, Asia received $95 million and 14 by number of projects and Europe received $75 million and 3 by number of projects.
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