Despite rising prices, India recorded a 79.64 per cent rise in revenues from cotton yarn exports to $4.69 billion in 2021, shows latest official data. As per a Apparel Resources report, India’s cotton yarn exports to Bangladesh increased 162.25 per cent to $1.72 billion in 2021. This was followed by exports to China which totaled $949.90 million during the year.
Fluctuating China-India relationship failed to affect the export of India’s cotton yarns to China. India’s cotton yarn exports to Portugal also increased by 62 per cent to $210.79 million in 2021. Other countries India increased its cotton yarn exports to include Vietnam, Egypt, Peru, South Korea, Turkey, Colombia, Sri Lanka, Guatemala, Germany, Italy, Jordan and USA, etc.
