8.50 percent fall in India’s cotton yarn exports in 2020

Mar 10, 2021  |  by Zhao Xinhua


India’s cotton yarn export was worth USD 2.61 billion in 2020 and noted 8.50 percent year-on-year fall, according to the official data.
 
However, there were countries where India witnessed significant increase in cotton yarn exports such as Bangladesh, China, Vietnam, Peru, Turkey, Oman, Malaysia, Brazil, Morocco and USA, amongst others.
 
Bangladesh remained the top destination for India as the country shipped cotton yarn worth USD 657.27 million to the neighbouring country in 2020, rising by 21.84 percent.
 
Shipment to China remained negative by 25.16 percent to USD 571.66 million, while it upped by 41.54 percent to USD 141.67 million as far as Vietnam – the 3rd top exporting destination for India – is concerned.
 
Year-on-year percent Change in Value-wise Cotton Yarn Exports from India:
 
(Only those countries are included which remained positive and have shipment value of over USD 10 million)
 
(Value in USD million)
 
2019
2020
percent Change
Bangladesh
539.42
657.23
21.84
Vietnam
100.10
141.67
41.54
Peru
120.79
134.61
11.44
Turkey
48.69
64.42
32.32
Oman
6.05
29.17
382.28
Brazil
6.33
24.58
288.34
USA
13.74
15.82
15.17
Chile
7.12
10.66
49.73
 
Source: textilevaluechain.in

ALL COMMENTS

    

2024.12   

   086-10-85229751

chinatextile2015@163.com

Subscribe to Magazine