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Saturday, 16 January 2021

Knitted garment exports of India rise in these countries during Jan.-Nov. ’20…

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India’s knitted garment exports have seen sharp decline of 23.08 per cent in Jan.-Nov. ’20 period to US $ 5.51 billion.

As all major markets of India fell in their import of knitted clothing during this period, there were some countries which remained positive.

According to Apparel Resources’ analysis, following countries have increased their knitted garment sourcing from India in Jan.-Nov. ’20 period:

  • Japan: US $ 36.16 million
    Y-o-Y Change: (+) 18.86%
  • Afghanistan: US $ 35.64 million
    Y-o-Y Change: (+) 11.82%
  • Senegal: US $ 33.05 million
    Y-o-Y Change: (+) 88.37%
  • Yemen Republic: US $ 21.85 million
    Y-o-Y Change: (+) 0.15%
  • Hungary: US $ 16.95 million
    Y-o-Y Change: (+) 753.12%
  • Iraq: US $ 9.48 million
    Y-o-Y Change: (+) 2.73%
  • Sri Lanka: US $ 8.71 million
    Y-o-Y Change: (+) 0.49%
  • Uganda: US $ 7.53 million
    Y-o-Y Change: (+) 227.43%
  • Mauritius: US $ 5.09 million
    Y-o-Y Change: (+) 87.35%
  • Dominic Republic: US $ 4.61 million
    Y-o-Y Change: (+) 75.28%
  • Rwanda: US $ 4.29 million
    Y-o-Y Change: (+) 64.32%
  • Cameroon: US $ 3.90 million
    Y-o-Y Change: (+) 16.13%
  • Jordan: US $ 3.52 million
    Y-o-Y Change: (+) 40.40%
  • Egypt: US $ 2.88 million
    Y-o-Y Change: (+) 191%
  • Iran: US $ 2.67 million
    Y-o-Y Change: (+) 65.04%

Apart from these countries, India has also added a new destination in its knitted garment portfolio which is Namibia.

In Jan.-Nov. ’20 period of 2019, India shipped just under US $ 10,000 worth of knitted garments to this country, which rose by a massive 88,532 per cent to US $ 4.61 million in the corresponding period of 2020.

Source : https://in.apparelresources.com

    
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