Basic textiles export driven by prices in December
Basic textiles export
In December 2021, basic textiles comprising fibres, spun, filament yarns, woven fabric and knit cotton fabric shipment were worth US$1,815 million or INR13,575 crore, accounting for about 4.8% of total merchandise exported from India during the month. They were largely driven by the spurt in cotton fibre export and prices.
Cotton yarn exports
Spun yarns shipment totaled 159 million kg worth US$658 million or INR4,920 crore. The unit value realisation of all types of spun yarn averaged US$4.14 per kg, about US$1.32 up year on year. Bangladesh was the largest market for spun yarns during the month, followed by China and Turkey.
Cotton yarn export was at 124 million kg worth US$541 million (INR4,047 crore). While volume shipmen was down 1% year on year, revenue earning jumped 48% is US$ term. These were shipped to 74 countries at an average price of US$4.35 a kg, up US cents 26 from previous month and up US$1.44 from December 2020. Bangladesh was the top importer of cotton yarn, followed by Turley, Portugal, China and Egypt.
Manmade yarn exports
100% man-made fibre yarns exports were at 11.90 million kg, comprising over 6.32 million kg of polyester yarn, 2.79 million kg of viscose yarn and 2.78 million kg of acrylic yarn. Viscose yarn worth US$11 million or INR81 crore were exported at an average price of US$3.86 per kg in December. The major market was Tur-key, followed Bangladesh, Belgium, Portugal and Italy. Polyester spun yarns export was worth US$17 million exported at average unit price of US$2.71 a kg. Turkey was the largest importer of polyester yarn, followed by Morocco and USA.
Blended yarn export
Blended spun yarns worth US$80 million were exported in December, including 13.35 million kg of PC yarns and 5.93 million kg of PV yarns. Bangladesh was the largest importers of PC yarn from India followed by Argentina while Turkey was the single largest importer of PV yarns from India followed distantly by South Africa.
