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Thursday, 24 March 2022 17:13

India’s cotton yarn exports surge to highest level in January

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India’s cotton yarn exports surged 96.92 per cent Y-o-Y to $493.30 million in January 2022. Despite domestic outrages, India’s revenue from cotton yarn exports grew 79.64 per cent to d $4.69 billion in January 2022. Export revenues from Bangladesh and Turkey surged to $220.45 million and $32 million respectively.

Country wise cotton yarn exports to Bangladesh grew by a whopping 338.36 per cent in January ’22; exports to Turkey went up 1,503 per cent from $2 million a year ago. Exports to Portugal grew 324.86 per cent to $25.78 million during January ’22. Meanwhile India’s exports to China declined 59.24 per cent during the month to $23.65 million, as against $58 million in the same month of 2021.