CITI Analysis of Exports and Imports of T&A for January 2024

During Jan’24, Indian Textiles Exports registered a growth of -1.18% over the previous year while Apparel Exports registered a degrowth of -3.46% during the same time period.
During Jan’24, Indian Textiles Exports registered a growth of -1.18% over the previous year while Apparel Exports registered a degrowth of -3.46% during the same time period. Hasan Oguz Altuntaş / Pixabay

New Delhi, India: During Jan’24, Indian Textiles Exports registered a growth of -1.18% over the previous year while Apparel Exports registered a degrowth of -3.46% during the same time period.

Cumulative Exports of Textiles and Apparel during Jan’24 have registered a degrowth of -2.29% over Jan’23.

During Apr’23-Jan’24, Indian Textiles Exports registered a growth of 0.15% over the previous year while Apparel Exports registered a degrowth of -13.14% during the same time.

Cumulative Exports of Textiles and Apparel during Apr’23-Jan’24 have registered a degrowth of -5.87% as compared to Apr’22- Jan’23.

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Table 1 : Exports
Values in US$ million
Particulars Jan-23 Jan-24 % Change (Jan' 24/Jan' 23) Apr'22-Jan'23 Apr'23-Jan'24 % Change (Apr'23-Jan'24/Apr'22-Jan'23)
Cotton Yarn/Fabs./made-ups, Handloom Products etc. 870.17 891.93 2.50% 9,046.96 9,561.77 5.69%
Man-made Yarn/Fabs./made-ups etc. 396.88 379.71 -4.33% 4,075.21 3,808.06 -6.56%
Jute Mfg. including Floor Covering 30.85 24.85 -19.45% 372.06 283.78 -23.73%
Carpet 104.95 114.86 9.44% 1,156.17 1,152.79 -0.29%
Handicrafts excl. handmade carpet 161.96 135.07 -16.60% 1,450.87 1,318.25 -9.14%
Textiles 1,564.81 1,546.42 -1.18% 16,101.27 16,124.65 0.15%
Apparel 1,492.99 1,441.33 -3.46% 13,335.03 11,583.01 -13.14%
Textile and Apparel 3,057.80 2,987.75 -2.29% 29,436.30 27,707.66 -5.87%
All Commodities 35,799.38 36,915.48 3.12% 3,72,098.48 3,53,915.84 -4.89%
% of T&A in Total Exports 8.54% 8.09% 7.91% 7.83%
Source: Press Information Bureau
Table 2 : Imports
Values in US$ million
Particulars Jan-23 Jan-24 % Change (Jan' 24/Jan' 23) Apr'22-Jan'23 Apr'23-Jan'24 % Change (Apr'23-Jan'24/Apr'22-Jan'23)
Cotton Raw & Waste 28.99 19.62 -32.32% 1,349.00 518.38 -61.57%
Textile yarn fabric, made-ups 208.05 184.66 -11.24% 2,268.49 1,931.68 -14.85%
Source: Press Information Bureau
 
 
  • Dated posted: 19 February 2024
  • Last modified: 19 February 2024