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India’s October exports up 43%, textiles and apparels recorded positive growth

  

India’s exports in October 2021 rose 43 per cent compared to October 2020 reveal India merchandise trade’s latest stats. As compared to October 2019, exports in October 2021 exhibited a positive growth of 35.89 per cent in dollar terms and 43.30 per cent in rupee terms. Leather exports rose 15 per cent in October 2021. Carpet exports rose 10 per cent.

The cumulative value of exports from India for April to October 2021 grew 55.13 per cent in dollar terms and 53.87 per cent in rupee terms as compared to the period April to October 2020. As compared to April to October 2019, exports in April to October 2021 exhibited a positive growth of 25.97 per cent in dollar terms and 33.06 per cent in rupee terms.

All textile-apparel commodities/commodity groups recorded a positive growth during October 2021 vis-à-vis October 2020. These include cotton yarn/fabrics/made-ups, handloom products etc (46.2 per cent), manmade yarn/fabrics/made-ups etc (29.12 per cent), jute manufacturing including floor covering (27.44 per cent), handicrafts excluding handmade carpets (9.72 per cent) and readymade garments of all textiles (6.42 per cent). Continuing robust export growth signals a sustained economic rebound.

 
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