India’s blended spun yarns exports were down 5.8 per cent year on year. During April 2016, blended spun yarn export value was up 11.2 per cent year on year while volumes rose 19.5 per cent as compared to the same month last year. India exported15.3 million kg of PC yarns during May. Polyester cotton yarns were exported to 47 countries in May 2016, of which Bangladesh and Honduras were the largest importers of PC yarn from India in May followed by Colombia.

Philippines, Australia, Russia, Venezuela and Guatemala were the fastest growing markets for PC yarns while the Dominican Republic significantly reduced its import of PC yarns from India. Algeria and Indonesia were among the 11 countries that did not import any PC yarns from India during May. Belgium was the major destination among the seven new markets found in May.

In May, PV yarns were exported to 31 countries from India. Turkey continued to be largest importer of PV yarns from India with a 52.5 per cent share of the total volume exported from India during the month. Russia and Yemen were the new major markets for PV yarn while six countries did not import any PV yarn during the month, including the major ones like Peru, Israel and Czech Republic.