India’s cotton fabric exports increased 66% from April to December 2021

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Exports of cotton yarn, fabrics, cosmetics and hand-woven products from India from April to December 2021 were $ 11.29 billion, an increase of 66% from $ 6.8 billion in the year-ago quarter. However, according to official data, the remarkable increase in exports from this sector slowed in December 2021.

According to government data, India’s exports of cotton yarn, fabrics, cosmetics and hand-woven products in December 2021 were $ 1.444 billion, 46.19 percent higher than December 2020’s exports of $ 987.76 million. rice field.

Meanwhile, apparel exports increased 35.62 percent from April to December 2021 to $ 11,123 million, compared to $ 8.22 billion from April to December 2020. Again, the rate of increase slowed in December 2021 and showed an increase of 22.63 percent. To $ 1,466 million, surpassing $ 1,196 million in the same month of 2020.

Exports of cotton yarn, fabrics, cosmetics and hand-woven products from India from April to December 2021 were $ 11.29 billion, an increase of 66% from $ 6.8 billion in the year-ago quarter. However, according to official data, the remarkable increase in exports from this sector slowed in December 2021.

Exports of India’s textile and clothing sector as a whole increased by 30.43% from $ 2,942 million in December 2020 to $ 3,838 million in December 2021. Exports of all textile products, except apparel, increased 35.77% to $ 2,371 million in December 2021. For exports of $ 1.746 billion in December 2020.

The overall share of the textile sector in India’s total commodity exports fell slightly from 10.81% in December 2020 to 10.15% in December 2021, showing the textile sector’s performance compared to other industries. It shows that it was low.

On the other hand, in terms of spending, India’s raw cotton and waste imports increased by 72.43% from $ 30.58 million in December 2020 to $ 52.73 million in December 2021. Imports of these items increased 59.97% from April to December 2021 to $ 413.64 million. $ 258.57 million during the 2020 comparison period. Imports of textiles, fabrics and cosmetics also increased by 26.68% from $ 180.93 million in December 2021 to $ 229.2 million. From April to December 2021, imports increased 54.42% to $ 1.506. $ 1 billion from $ 975.49 million in the same month a year ago.

Fiber2Fashion News Desk (KUL)

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India’s cotton fabric exports increased 66% from April to December 2021

Source link India’s cotton fabric exports increased 66% from April to December 2021

The post India’s cotton fabric exports increased 66% from April to December 2021 appeared first on Eminetra.

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