Fibres and Yarns | News & Insights

India’s cotton yarn export grows 13.16% in Q1 ’21

Published: July 2, 2021
Author: Manali bhanushali

India’s cotton yarn exports are back on upward trajectory, as per Ministry of Commerce and Industry data of Jan.-Mar. ’21 period.

The country shipped US $ 844.60 million worth of cotton yarns in Q1 ’21 as compared to US $ 746.56 million in Q1 ’20, marking 13.16 per cent Y-o-Y jump.

The rebounding export was an outcome of increasing shipment value to China, which imported US $ 234.46 million worth of cotton yarns from India in Q1 ’21, noting 67.97 per cent Y-o-Y surge.

However, cotton yarn shipment to Bangladesh declined by 3.96 per cent in the review period and export valued US $ 194 million in Q1 ’21, down from US $ 202 million a year earlier.

Amongst top 10 destinations, India witnessed Y-o-Y growth in countries such as Vietnam, Peru, South Korea, Colombia and Sri Lanka, while it fell in Turkey and Portugal.

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