Recently, data for the month of April of India's imports and exports was released. According to these new figures, there has been a steady decline in the export of cotton yarn from India. India exported 72,600 tonnes of cotton yarn in April 2022, which was 18.54 percent less than the previous year. And month-on-month the decrease was 31.13 percent. According to the report, the maximum exports from India were made to Bangladesh. Bangladesh accounts for 49 percent of the total exports. While the share of China in the export of cotton yarn was only 7 percent.
Know which country's share
In the export of major varieties of cotton yarn, China and Egypt were second only to Bangladesh. The share of both these countries was 7 percent. This was followed by Portugal and Peru with 4 percent of exports. Vietnam and Turkey accounted for 3 percent of cotton yarn exports. Guatemala, South Korea and Colombia accounted for 2 percent and other countries accounted for 17 percent of the total cotton yarn exported.
Continuous decrease in exports from China
Exported yarn varieties include HS Code-5205, Carded-CB-25S-1, Combed CB-25S-1, Combed C-25-30S-1, Combed C30-47S-1. Is. The report released mainly mentions the decrease in exports from China. According to this, 63.42 percent of C8-25S-1 cards were exported to China last year, which declined to 61.49 percent this year.
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