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India’s T-shirts exports in Q2 declined across all countries

"Export of knit T-shirts by India registered an export value of $570.17 million in Q2 FY 18-19. This is a 9.62 per cent decline over the previous quarter. This trend of falling exports is an indication for exporters to move towards more value added apparel exports, rather than competing with countries like Bangladesh. In Q2 FY 18-19, India’s exports of knit T-shirts to the US declined 13.50 per cent to $126.52 million. Export of cotton T-shirts declined by 10.80 per cent while those of T-shirts made from other fibers declined by 19.32 per cent."

 

Indias T shirts exports in Q2 declined across all countries 002Export of knit T-shirts by India registered an export value of $570.17 million in Q2 FY 18-19. This is a 9.62 per cent decline over the previous quarter. This trend of falling exports is an indication for exporters to move towards more value added apparel exports, rather than competing with countries like Bangladesh.

The dip countrywise

USA:

In Q2 FY 18-19, India’s exports of knit T-shirts to the US declined 13.50 per cent to $126.52 million. Export of cotton T-shirts declined by 10.80 per cent while those of T-shirts made from other fibers declined by 19.32 per cent.

Nigeria:

Nigeria’s total knit T-shirts imports from India were valued at $ 23.27 million in Q2 with growth of 43.11 per cent over the previous quarter. India exported T-shirts made of cotton and other textile fibers. Cotton T-shirts exports totaled $17.31 million whereas T-shirts made from other fibers totaled $5.95 million.

U.A.E.:

India’s exports of knit T-shirts to UAE were worth $136.88 million in Q2 FY 17-18, a drastic fall of 40.76 per cent. Exports of cotton T-shirts totaled toIndias T shirts exports in Q2 declined across all countries 001 $43.69 million, a fall of 14.25 per cent in Q2 FY 18-19 over the previous quarter. Exports of T-shirts made of other fibers totaled to $24.45 million with a negative growth of 4.49 per cent over the previous quarter.

Germany:

India’s knitted T-shirts exports to Germany totaled to $53.51 million in Q2 FY 18-19 with negative growth of 3.50 per cent over the previous quarter. Cotton knitted T-shirts rule the basket with an export value of $37.99 million. T-shirts made of other fibers perceived a positive growth of 12.07 per cent to $13.18 million in Q2 FY 18-19.

UK:

United Kingdom’s knitted T-shirts imports from India witnessed a fall of 12.22per cent in the Q2 FY 18-19 to $40.44 million. Cotton T-shirts exports dropped 14.81per cent to $31.13 million. T-shirts made of other fiber were exported to the UK with a value of $7.45 million, growth of 1.78per cent.

France:

Exports to France totaled to $26.41 million in Q2 FY 18-19. Cotton T-shirts exports dropped 41.77per cent in the Q2 over the previous quarter, with exports totaling to $20.26 million.

South Africa:

India’s knitted T-shirts exports to South Africa have improved by 48.90 per cent over the previous quarter in the Q2. India exported only T-shirts made of cotton, synthetic fibers and other fibers to South Africa. Out of which T-shirts made of other fibers dropped by 33.46per cent, totaling to $3.5 million. Cotton T-shirts exports totaled to $19.61 million in Q2 FY 18-19 with a growth of 87.30per cent over the previous quarter.

The Netherlands:

Knitted T-shirts exports to the Netherlands too dropped by 42.03 per cent to $17.97 million in Q2 in FY 18-19 over the previous quarter. Cotton T-shirts exports totaled $11.4 million and T-shirts made of other fibers was $5.29 million in the Q2 FY 18-19.

Italy:

India’s knitted T-shirts exports to Italy dropped in the Q2 FY 18-19 over the previous quarter by 12.85. Exports value totaled $11.26 million in Q2 FY 18-19. Cotton T-shirts exports dropped 10.20 per cent over the previous quarter, while T-shirts made of other fibers dropped 25.79 per cent.

 

 
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