India’s cotton yarn exports increased by 11.68 per cent Y-o-Y but declined 17.78 per cent M-o-M to 91,100tons in February 2022.

As per a CCF Group report, Bangladesh remained the largest export market for Indian cotton yarn, while China bagged the second position. India’s cotton yarn exports to China declined by 84.16 per cent Y-o-Y and 54.86 per cent M-o-M to 4,427 tons during the month.

Bangladesh, with a share of about 49 per cent, remained the largest market for Indian cotton yarn with exports increasing by 4 per cent from December 2021. Portugal and Egypt ranked third and fourth, accounting for about 5 per cent, Vietnam accounted for 4 per cent, and other countries accounted for less than 3 per cent.India’s cotton yarn exports to Turkey surged by 304.98 per cent.

In February 2022, exports of four mainstream Indian cotton yarns to China all decreased year-on-year and month-on-month. The exports of all cotton varieties except the combed C30-47S/1 declined. In Feb 2022, the main varieties of Indian cotton yarns exported to China were carded C8-25S/1, accounting for 63.10 per cent, and totaling 2,793.03 tons, a 71.6 per cent decline from the same period last year. Exports of combed C8-25S/1 and C25-30S/1 dropped to 3.02 per cent and 6.22 per cent respectively compared with the same period last year; while the export of combed C30-47S/1 decreased by 84.41 per cent compared with the same period last year.