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

During Apr -May’ 24, Indian Textiles Exports have registered a growth of 6.04% over the previous year while Apparel Exports have registered a growth of 4.46% during the same time period.
During Apr -May’ 24, Indian Textiles Exports have registered a growth of 6.04% over the previous year while Apparel Exports have registered a growth of 4.46% during the same time period. Adrien Olichon / Pexels

New Delhi, India: During May’ 24, Indian Textiles Exports have registered a growth of 9.59% over the previous year while Apparel Exports registered a growth of 9.84% during the same time period.

Cumulative Exports of Textiles and Apparel during May’ 24 have registered a growth of 9.70% over May’23.

During Apr -May’ 24, Indian Textiles Exports have registered a growth of 6.04% over the previous year while Apparel Exports have registered a growth of 4.46% during the same time period.

Cumulative Exports of Textiles and Apparel during Apr- May’ 24 have registered a growth of 5.34% as compared to Apr-May 23.
 

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Table 1: Exports

in US$ Million
Particulars May-23 May-24 % Change Apr-May 23 Apr-May 24 % Change
Cotton Yarn/Fabs./made-ups, Handloom Products etc. 919.88 1,009.61 9.75% 1,807.70 1,956.46 8.23%
Man-made Yarn/Fabs./made-ups etc. 395.43 413.82 4.65% 788.36 782.17 -0.79%
Jute Mfg. including Floor Covering 30.38 28.79 -5.23% 63.79 55.91 -12.35%
Carpet 111.23 130.75 17.55% 216.40 241.84 11.76%
Handicrafts excl. handmade carpet 123.37 148.82 20.63% 245.46 273.82 11.55%
Textiles 1,580.29 1,731.79 9.59% 3,121.71 3,310.20 6.04%
Apparel 1,235.81 1,357.40 9.84% 2,446.66 2,555.79 4.46%
Textile and Apparel 2,816.10 3,089.19 9.70% 5,568.37 5,865.99 5.34%
All Commodities 34,952.48 38,132.48 9.10% 69,570.93 73,116.68 5.10%
% of T&A in Total Exports 8.06% 8.10%   8.00% 8.02%  

Source: Press Information Bureau

Table 2: Imports

Particulars May-23 May-24 % Change Apr-May 23 Apr-May 24 % Change
Cotton Raw & Waste 58.09 43.88 -24.46% 103.39 81.79 -20.89%
Textile yarn fabric, made-ups 188.24 186.08 -1.15% 349.5 347.92 -0.45%

Source: Press Information Bureau

 
 
  • Dated posted: 15 June 2024
  • Last modified: 15 June 2024