Yarn export in Jun 2021

Yarn export in June, Bangladesh tops

Total merchandised exports in June 2021 were at US$32.50 billion, as against US$21.91 billion in June 2020, up 48% per cent. In INR terms, exports were at INR2,390 billion in June 2021, as compared with INR1,659 billion in June 2020, registering a growth of 44%.

Among textiles the commodities/commodity groups which have recorded positive growth during June 2021 against June 2020 were man-made yarn/fabs/made-ups etc. (82%), cotton yarn/fabs/made-ups, hand-loom products etc. (57%), handicrafts excl. handmade carpet (55%), jute mfg. including floor covering (45%).

In June 2021, basic textiles comprising fibres, spun and filament yarns shipment were worth US$1,224 mil-lion or INR8,876 crore, accounting for about 3.7% of total merchandise exported from India during the month.

All Yarn Export

Spun yarn export volume shipment totaled 199 million kg worth US$694 million or INR5,030 crore. The unit value realization of all types of spun yarn averaged US$3.49 per kg, about one US$ up year on year. Bangladesh was the largest importer of spun yarns during the month, followed by China and Vietnam.

Cotton yarn export

Cotton yarn export was at 162 million kg worth US$588 million (INR4,260 crore). These were shipped to 76 countries at an average price of US$3.64 a kg, down US cents 9 from previous month and up US$1.15 from June 2020. Bangladesh was the top importer of cotton yarn, followed by China, Vietnam, Portugal and Egypt.

Non-cotton yarn export

100% man-made fibre yarns exports were at 12.2 million kg, comprising 7 million kg of polyester yarn, 3.5 million kg of viscose yarn and 1.5 million kg of acrylic yarn. Viscose yarn was worth US$12 million or INR88 crore, exported at an average price of US$3.44 per kg in June. The major market was Belgium, followed by Turkey, Brazil and Bangladesh. Polyester spun yarns export was worth US$16 million exported at average unit price of US$2.27 a kg. Brazil was the largest importer of polyester yarn, followed by USA and Turkey.

Blended yarn export

Blended spun yarns worth US$74 million were exported in June, including 17 million kg of PC yarns and 5.6 million kg of PV yarns. Bangladesh was the largest importers of PC yarn from India followed by Egypt while Turkey was the single largest importer of PV yarns from India followed by Brazil.

Source: Textile Beacon Global Info Services

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