Out of India’s total cotton export, 40 per cent is exported to China only. As per official data, during the current cotton season (October 2020 to September 2021) as on April 2021, out of the total exports of 54.83 lakh cotton bales, 21.97 lakh bales were exported to China only.
During the same period, Bangladesh imported 22.09 lakh bales cotton from India. Together, China and Bangladesh has share of 80 per cent as far as cotton export from India is concerned.
Minister of State for Textiles Darshana Jardosh shared this in Rajya Sabha.
The export of cotton and yarn from India to China has not stopped despite COVID-19 pandemic. Notably, China was the second largest importer of cotton from India after Bangladesh.
Similarly India also exported its 28 per cent of yarn to China only. During the year 2020-21 (from April 2020 to March 2021), 275 million kg of cotton yarn were exported from India to China out of the total exports of 980 million kg.
China was the largest importer of yarn from India, while Bangladesh remained second with the import of 225.19 million kg yarn cotton import from India.
In cotton and cotton yarn, Vietnam is the third largest importer for India.