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

Cumulative exports of Textiles and Apparel during Apr-Sept’24 have registered a growth of 5.13% as compared to Apr-Sept’23.
Cumulative exports of Textiles and Apparel during Apr-Sept’24 have registered a growth of 5.13% as compared to Apr-Sept’23. Lidya Nada / Unsplash

New Delhi, India: During Sept’24, Indian Textile exports was about 9.56% higher as compared to Sept’23 while Apparel exports registered a significant growth of 17.30% during the same time period.

Cumulative exports of Textiles and Apparel during Sept’24 have registered a growth of 12.38% over Sept’23.

During Apr-Sept’24, Indian Textiles exports registered a growth of 2.76% over the previous year while Apparel exports registered a growth of 8.51% during the same time.

Cumulative exports of Textiles and Apparel during Apr-Sept’24 have registered a growth of 5.13% as compared to Apr-Sept’23.

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Table 1: Exports

in US$ Million
Particulars Sep-23 Sep-24 % Change Apr-Sep'23 Apr-Sep'24 % Change
Cotton Yarn/Fabs./made-ups, Handloom Products etc. 1,017.82 1,053.19 3.48% 5,899.76 5,946.53 0.79%
Man-made Yarn/Fabs./made-ups etc. 372.76 415.28 11.41% 2,336.25 2,405.06 2.95%
Jute Mfg. including Floor Covering 28.89 33.64 16.44% 185.14 179.39 -3.11%
Carpet 113.79 130.78 14.93% 669.35 745.74 11.41%
Handicrafts excl. handmade carpet 121.8 180.38 48.10% 791.99 878.76 10.96%
Textiles 1,655.06 1,813.27 9.56% 9,882.49 10,155.48 2.76%
Apparel 946.35 1110.11 17.30% 6916.44 7505.14 8.51%
Textile and Apparel 2,601.41 2,923.38 12.38% 16,798.93 17,660.62 5.13%
All Commodities 34,407.98 34,582.15 0.51% 2,11,079.42 2,13,222.29 1.02%
% of T&A in Total Exports 7.56% 8.45%   7.96% 8.28%  

Source: Press Information Bureau

Table 2: Imports

Particulars Sep-23 Sep-24 % Change  Apr-Sep'23  Apr-Sep'24  % Change 
Cotton Raw & Waste 39.91 134.2 236.26% 402.04 477.38 18.74%
Textile yarn fabric, made-ups 201.77 198.14 -1.80% 1,137.56 1,176.76 3.45%

Source: Press Information Bureau

 
 
  • Dated posted: 17 October 2024
  • Last modified: 17 October 2024