Thailand's wearing apparel exports to Japan are forecasted to increase steadily from 2024 to 2028. The values are projected to grow from 478.23 million USD in 2024 to 515.17 million USD in 2028. In 2023, actual exports stood at 469.54 million USD, indicating a positive trend heading into the forecast years. The year-on-year variation in percentage shows a gradual increase, with 1.9% in 2024, 1.99% in 2025, 1.91% in 2026, 1.84% in 2027, and 1.77% in 2028. Over the last two years, the overall change suggests consistent growth. The average compound annual growth rate (CAGR) over the last five years is approximately 1.88%.
Future trends to watch for include shifts in consumer preferences towards sustainable and ethically produced apparel, ongoing trade agreements between Thailand and Japan, and potential impacts of global economic conditions on apparel manufacturing and export activities.
