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

  • During July’24, Indian Textiles exports was almost similar to last year while Apparel exports registered a significant growth of 84% during the same time period.
  • Cumulative exports of Textiles and Apparel during July’24 have registered a growth of 4.73% over July’23.
  • During Apr-July’24, Indian Textiles exports registered a growth of 2.92% over the previous year while Apparel exports registered a growth of 6% during the same
  • Cumulative exports of Textiles and Apparel during Apr-July’24 have registered a growth of 4.24% as compared to Apr-July’23./li>

 Exports

Values in US$ Mn

Particulars

July-23 July-24 % Change Apr-July’23 Apr-July’24 % Change

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

1,009.73 968.06 -4.13% 3,768.25 3,884.52 3.09%

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

390.29 405.56 3.91% 1,551.41 1,570.91 1.26%

Jute Mfg. including Floor
Covering

29.35 25.15 -14.31% 123.92 108.43 -12.50%

Carpet

111.43 123.16 10.53% 437.59 486.53 11.18%

Handicrafts excl. handmade
carpet

122.26 138.43 13.23% 528.13 545.93 3.37%

Textiles

1,663.06 1,660.36 -0.16% 6,409.30 6,596.32 2.92%

Apparel

1,141.95 1,277.20 11.84% 4,836.59 5,126.87 6.00%

Textile and Apparel

2,805.01 2,937.56 4.73% 11,245.89 11,723.19 4.24%

All Commodities

34,489.89 33,981.41 -1.47% 1,38,386.66 1,44,122.89 4.15%

% of T&A in Total Exports

8.13% 8.64%

8.13% 8.13%

Source: Press Information Bureau

Imports

Values in US$ MN

Particulars

July-23

July-24

% Change Apr-July’23 Apr-July’24 % Change

Cotton Raw & Waste

88.72

86.29

-2.74% 287.23 238.3 -17.04%

Textile yarn fabric, made-ups

201.2

200.75

-0.22% 719.72 757.9 5.30%

Source: Press Information Bureau

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