CITI Analysis of Exports and Imports of T&A for May 2024

  • During May’ 24, Indian Textiles Exports have registered a growth of 9.59%over the previous year while Apparel Exports have registered a growth of 9.84% during the same time period.
  • Cumulative Exports of Textiles and Apparel during May’ 24 have registered a growth of 9.70%over May’23.
  • During Apr -May’ 24, Indian Textiles Exports have registered a growth of 6.04% over the previous year while Apparel Exports have registered a growth of 4.46% during the same time period.
  • Cumulative Exports of Textiles and Apparel during Apr- May’ 24 have registered a growth of 5.34%as compared to Apr-May 23.

 Exports

Values in US$ Mn

Particulars

May-23

May-24

% Change

Apr-May 23

Apr-May 24

% Change

Cotton Yarn/Fabs./made-ups, Handloom Products etc.

919.88

1,009.61

9.75%

1,807.70

1,956.46

8.23%

Man-made Yarn/Fabs./made-ups etc.

395.43

413.82

4.65%

788.36

782.17

-0.79%

Jute Mfg. including Floor Covering

30.38

28.79

-5.23%

63.79

55.91

-12.35%

Carpet

111.23

130.75

17.55%

216.40

241.84

11.76%

Handicrafts excl. handmade carpet

123.37

148.82

20.63%

245.46

273.82

11.55%

Textiles

1,580.29

1,731.79

9.59%

3,121.71

3,310.20

6.04%

Apparel

1,235.81

1,357.40

9.84%

2,446.66

2,555.79

4.46%

Textile and Apparel

2,816.10

3,089.19

9.70%

5,568.37

5,865.99

5.34%

All Commodities

34,952.48

38,132.48

9.10%

69,570.93

73,116.68

5.10%

% of T&A in Total Exports

8.06%

8.10%

8.00%

8.02%

Source: Press Information Bureau

Imports

Values in US$ MN

Particulars

May-23

May-24

% Change

Apr-May 23

Apr-May 24

% Change

Cotton Raw & Waste

58.09

43.88

-24.46%

103.39

81.79

-20.89%

Textile yarn fabric, made-ups

188.24

186.08

-1.15%

349.5

347.92

-0.45%

Source: Press Information Bureau

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