In-Depth Analysis | Market Reports | PRICE REPORT

Textile Machinery Exports Boost In The First Five Months Of 2021

Published: August 13, 2021
Author: Kshipra Gadey
Unit: US $ Million
India – Textile Machinery Exports
S.No. Commodity Name Jan – May   2020 Jan – May  2021 % Change
1 Machines for processing textile fibres 45.22 79.26 75.28
2 Auxiliary machinery and parts for textile machinery 40.3 66.8 65.76
3 Weaving machines (looms) 11.37 15.72 38.26
4 Machines for knitting, lace, embroidery, tufting, etc 2.53 3.37 33.20
5 Machinery for making felt, nonwovens, including hats 0.33 0.3 -9.09
Total 99.75 165.45 65.86

Source: Ministry of Commerce and Industry

There was a 75.28% increase in the exports as the machines for processing textile fibers exports climbed up from 45 million USD during Jan-May 2020 to 79.26 million USD in 2021 during the same period. Malaysia’s import of these machinery increased from 1.7 lakh USD in 2020 to 11.18 million USD in 2021. Though Malaysia was the highest importer of these machines from India in Jan-May 2021, Egypt depicted the highest growth in the import of these machinery from India as its import hiked from 1 lakh USD in Jan-May 2020 to 9.61 million USD in 2021 during the same period. Benin was the 2nd largest importer of machines for processing textile fibres from India in Jan – May 2021 with the imports worth 9.71 million USD. Turkey’s import of the same was 9.56 million USD in 2021 during the given period. There was a huge drop in Bangladesh’s import of this machinery as the import dwindled from 11.32 million USD in Jan-May 2020 to 8.35 million USD in 2021 during the same period. India’s export of these machines to China hiked from 8.9 lakh USD in 2020 to 3.68 million USD in 2021 during Jan-May. 

Unit: US $ Million
Auxiliary Machinery And Parts For Textile Machinery
S.No. Country Jan – May   2020 Jan – May  2021 % Change
1 China 4.32 9.2 112.96
2 Japan 0.14 8.04 5642.86
3 Germany 3.89 5.66 45.50
4 Italy 2.09 4.32 106.70
5 Bangladesh 2.58 4.05 56.98
6 Turkey 2.08 3.01 44.71
7 Indonesia 2.38 2.94 23.53
8 Singapore 2.02 2.65 31.19
9 UAE 1.07 2.18 103.74
10 Malaysia 0.14 2.05 1364.29
11 Others 19.55 22.67 15.96
Total 40.3 66.8 65.76

Source: Ministry of Commerce and Industry

Auxiliary machinery and parts for textile machinery exports were worth 40.3 million USD in Jan-May 2020 with a noticeable boost in 2021 during the same period when these exports were worth 66.8 million USD claiming 65.76% growth. India exported the highest number of this machinery to China in both the years during Jan-May. Export of these machines to China was worth 4.32 million USD in 2020 climbing up to 9.2 million USD in 2021 during the given months. Japan’s import of these machines grew as its import increased from 0.14 million USD to 8.04 million USD in 2021. India exported these machineries to Germany worth 5.66 million USD in 2021 during the mentioned months. Italy’s import of these machines from India was 2.09 million USD in 2020 which more than doubled to 4.32 million USD in 2021 during the mentioned months. Bangladesh showed 56.98% growth in the imports of these machineries. It imported machinery worth 4.05 million USD during Jan-May 2021 which was 1.47 million USD more than the previous year’s import during the same duration. Turkey’s import of these machines increased from 2.08 million USD in Jan-May 2020 to 3.01 million USD in 2021 during the same duration.

Unit: US $ Million
Weaving Machines (Looms)
S.No. Country Jan – May   2020 Jan – May  2021 % Change
1 Bangladesh 1.21 2.47 104.13
2 UAE 0.49 1.77 261.22
3 Brazil 0.06 1.07 1683.33
4 Turkmenistan 0.07 1.03 1371.43
5 Vietnam 1.35 0.91 -32.59
6 Mexico 0.54 0.79 46.30
7 Indonesia 1.25 0.63 -49.60
8 Angola 0.61
9 Turkey 1.04 0.59 -43.27
10 Egypt 0.56 0.49 -12.50
11 Others 4.75 5.36 12.84
Total 11.37 15.72 38.26

Source: Ministry of Commerce and Industry

Exports of weaving machines (looms) was worth 15.72 million dollars in Jan-May 2021 which was 4.35 million USD more than the exports in 2020 during the same period. Bangladesh was the highest importer of these machines in Jan-May 2021. UAE’s import of these machines from India hiked from 4.9 lakh USD in 2020 to 1.77 million USD in 2021 during the given period. Brazil’s import of these machines doubled from 6 lakh USD in Jan-May 2020 to 1.07 million USD in 2021. Vietnam’s imports of these machines dropped from 1.35 million USD in 2020 to 0.91 thousand USD in 2021 during Jan-May. Turkmenistan displayed a whooping growth as its import of these weaving machines was 96 lakh USD more than Jan-May 2020’s import, when the imports were worth 7 lakh USD only.

Unit: US $ Million
Machines For Knitting, Lace, Embroidery, Tufting, Etc
S.No. Country Jan – May   2020 Jan – May  2021 % Change
1 Germany 0.06 2.37 3850.00
2 Nepal 0.08 0.37 362.50
3 Japan 0.15
4 Indonesia 0.12
5 Djibouti 0.08
6 Others 2.39 0.26 -89.12
Total 2.53 3.37 33.20

Source: Ministry of Commerce and Industry

From 2.53 million USD during Jan-May 2020, exports of machines for knitting, lace, embroidery, tufting, etc. climbed up to 3.37 million USD in 2021 during the same period. There was huge growth in Germany’s import of these machineries from India as its import hiked from 6 lakh USD during Jan-May 2020 to 2.37 million USD in 2021 during the same period. Nepal’s import of the same increased from 8 lakh USD in 2020 to 37 lakh USD in 2021 during the mentioned months. Japan, Indonesia, and Djibouti imported these machines worth 15 lakh USD, 12 lakh USD and 8 lakh USD respectively during Jan-May 2021.

Unit: US $ Million
Machinery For Making Felt, Nonwovens, Including Hats
S.No. Country Jan – May   2020 Jan – May  2021 % Change
1 Nepal 0.21 0.09 -57.14
2 Bhutan 0.08
3 Peru 0.06
4 Philippines 0.03
5 Fiji 0.01
6 France 0.01
7 UAE 0.05 0.01 -80.00
8 USA 0.02 0.01 -50.00
9 Tanzania 0.03
10 Zambia 0.02
Total 0.33 0.3 -9.09

Source: Ministry of Commerce and Industry

Machinery for making felt, nonwovens, including hats witnessed a decrease from 0.33 million USD in 2020 to 0.3 million USD in 2021 between Jan-May. Nepal was the highest importer of these machines in both the years during Jan-May, its imports dwindling to 0.09 million USD from 0.21 million USD. Fiji, France, UAE, and USA imported these machineries worth 0.01 million USD each during Jan-May 2021. Bhutan’s import of these machines was worth 0.08 million USD.

Unit: US $ Million
Machines for processing textile fibres
S.No. Country Jan – May   2020 Jan – May  2021 % Change
1 Malaysia 0.17 11.18 6476.47
2 Benin 9.71
3 Egypt 0.1 9.61 9510.00
4 Turkey 4.93 9.56 93.91
5 Bangladesh 11.32 8.35 -26.24
6 China 0.89 3.68 313.48
7 Germany 1.32 3.55 168.94
8 Netherland 3.55 3.43 -3.38
9 Uzbekistan 2.94 3 2.04
10 Oman 1.46 2.98 104.11
11 Others 52.09 17.93 -65.58
Total 78.77 82.98 5.34

Source: Ministry of Commerce and Industry

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