Provisional data released by Ministry of Commerce and Industry reveals, India’s apparel exports declined by 24.52 per cent during 2020. India was able to ship apparels worth $12.26 billion in 2020 as against $16.25 billion in 2019 as market sentiments were down due to COVID-19. The country shipped most garments in September when its exports grew by 10.22 per cent Y-o-Y to $1.19 billion.

However, in the remaining months, apparel exports continued to decline. The year 2020 witnessed a heavy negative trajectory in apparel exports. The US remained the largest export destination in 2020 with shipments worth $3.30 billion though these declined by 24.04 per cent on Y-o-Y basis.

The second biggest importer was UAE which imported apparels worth $1.52 billion during the year which was a 18.47 per cent decline from the previous year. UK was the top destination for India in Europe as it shipped apparels worth $1.12 billion to the country, a 29.24 per cent yearly decline.