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

• During Jan’24, Indian Textiles Exports registered a growth of -1.18% over the previous year while Apparel Exports registered a  degrowth of -3.46% during the same time period. 

• Cumulative Exports of Textiles and Apparel during Jan’24 have registered a degrowth of -2.29%over Jan’23. 

• During Apr’23-Jan’24, Indian Textiles Exports registered a growth of 0.15% over the previous year while Apparel Exports  registered a degrowth of -13.14% during the same time.  

• Cumulative Exports of Textiles and Apparel during Apr’23-Jan’24 have registered a edgrowth of -5.87% as compared to  Apr’22- Jan’23.

Exports  

Values in US$ Mn 

Particulars Jan-23 Jan-24% Change  (Jan’  24/Jan’ 23)Apr’22- Jan’23Apr’23- Jan’24% Change  (Apr’23- Jan’24/Apr’ 22-Jan’23)
Cotton Yarn/Fabs./made-ups, Handloom Products etc. 870.17 891.93 2.50% 9,046.96 9,561.77 5.69%
Man-made Yarn/Fabs./made-ups etc. 396.88 379.71 -4.33% 4,075.21 3,808.06 -6.56%
Jute Mfg. including Floor Covering 30.85 24.85 -19.45% 372.06 283.78 -23.73%
Carpet 104.95 114.86 9.44% 1,156.17 1,152.79 -0.29%
Handicrafts excl. handmade carpet 161.96 135.07 -16.60% 1,450.87 1,318.25 -9.14%
Textiles 1,564.81 1,546.42 -1.18% 16,101.27 16,124.65 0.15%
Apparel 1,492.99 1,441.33 -3.46% 13,335.03 11,583.01 -13.14%
Textile and Apparel 3,057.80 2,987.75 -2.29% 29,436.30 27,707.66 -5.87%
All Commodities 35,799.38 36,915.48 3.12% 3,72,098.48 3,53,915.84 -4.89%
% of T&A in Total Exports 8.54% 8.09% 7.91% 7.83%
Source: Press Information Bureau
• Imports 
 Values in US$ MN 
Particulars Jan-23 Jan-24% Change  (Jan’  24/Jan’ 23)Apr’22- Jan’23Apr’23- Jan’24% Change  (Apr’23- Jan’24/Apr ’22-Jan’23)
Cotton Raw & Waste 28.99 19.62 -32.32% 1,349.00 518.38 -61.57%
Textile yarn fabric, made-ups 208.05 184.66 -11.24% 2,268.49 1,931.68 -14.85%

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