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Yarn export volumes up 10 per cent

India’s blended spun yarn export value was up 4.8 per cent year on year in March 2016 while volumes rose 10.6 per cent as compared to the same month last year. Polyester Cotton (PC) yarns were exported to 51 countries in March, of which Egypt and Bangladesh were the largest importers of PC yarn from India followed by Morocco. A total of 6.7 million kg of PC yarn was exported from India during the month.

Honduras, Spain, Sri Lanka and Germany were the fastest growing markets for PC yarns while Peru significantly reduced its imports of PC yarns from India. Oman and Panama were among the nine countries that did not import any PC yarns from India during March. Finland, United Arab Emirates and Djibouti were the major destinations among the 10 new markets found in March.

In March, PV yarns were exported to 37 countries from India with volumes at 5.4 million kg. Turkey continued to be largest importer of PV yarns from India followed by Pakistan with a total volume at 3.5 million kg. Honduras and Djibouti were the new major markets for PV yarn while 13 countries did not import any PV yarn during the month, including the major ones like China, Uganda and Brazil.