THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY
(SHRI HARDEEP SINGH PURI)
(a) : The value of India’s export of Cotton yarn since January 2020 to January 2021 is as follows:
Months Value of Export of Cotton Yarn (in US$ million)
January, 2020 284.20
February, 2020 266.48
March, 2020 213.75
April, 2020 52.60
May, 2020 153.83
June, 2020 244.02
July, 2020 255.09
August, 2020 234.50
September, 2020 239.48
October, 2020 227.58
November, 2020 239.33
December, 2020 271.04
January, 2021 260.09
Source: DGCI&S, Kolkata
Top 30 country-wise and month-wise value of export of Cotton yarn during January 2020 to January 2021 is at Annexure-I.
(b) & (c): Representations/suggestions are received from trade organizations/export promotion councils from time to time for promotion of exports which are taken into consideration as part of the regular ongoing process of review and reform of trade policies. The Ministry of Textiles has received representations regarding improving yarn availability for apparel exporters due to steep rise in price of cotton yarn which is under examination.
(d) & (e): The Government has taken the following key steps to support the Indian merchandise industry and to boost exports:
1) Foreign Trade Policy (2015-20) extended by one year i.e. upto 31-3-2021 due to the COVID-19 pandemic situation.
2) Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended by one year i.e. upto 31-3-2021.
3) A new Scheme, Remission of Duties and Taxes on Exported Products (RoDTEP), has been launched with effect from 01.01.2021.
4) Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase FTA utilization by exporters.
5) The Government provides financial support to various Export Promotion Councils (EPCs) and Trade Bodies, engaged in promotion of textiles and garments exports, under Market Access Initiative (MAI) scheme for organizing and participating in trade fairs, exhibitions, buyer-seller meets etc.
6) During Covid-19 pandemic, virtual exhibitions are being organized by textile EPCs as an alternative mode of marketing, in order to tap opportunities in the global markets.
7) A comprehensive “Agriculture Export Policy” to provide an impetus to agricultural exports related to agriculture, horticulture, animal husbandry, fisheries and food processing sectors, is under implementation.
8) Promoting districts as export hubs by identifying products with export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district.
9) Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced.
10) Package announced in light of the covid pandemic to support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major share in exports.
***
Annexure-I
Statement referred to in reply of part (a) of Lok Sabha Unstarred question no. 2671 for answer on 10th March 2021
India’s export of cotton yarn to top 30 countries
Value in US$ millions
S. No. Countries Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20
1 Bangladesh Pr 68.00 74.83 62.78 12.34 31.88 65.74 75.69
2 China P Rp 67.44 42.37 29.92 12.55 41.30 72.73 56.79
3 Vietnam Soc Rep 12.62 16.44 13.06 2.86 13.11 13.10 13.55
4 Egypt A Rp 25.63 18.02 10.90 1.70 7.36 9.59 11.94
5 Peru 9.99 12.31 9.46 0.70 0.70 3.83 10.08
6 Portugal 13.19 14.37 9.68 2.36 6.42 8.60 9.87
7 Korea Rp 11.41 9.46 5.70 1.80 5.02 5.46 6.73
8 Sri Lanka Dsr 6.08 7.32 4.56 2.14 4.51 5.82 5.55
9 Turkey 4.91 7.02 7.91 1.85 5.73 9.16 9.94
10 Colombia 4.87 5.69 5.84 1.37 1.34 1.44 1.82
11 Germany 4.75 5.56 4.47 1.03 4.11 3.93 4.38
12 Myanmar 3.89 5.22 2.82 0.60 1.43 3.44 4.73
13 Japan 3.35 3.54 2.07 2.04 2.35 2.67 2.17
14 Italy 3.86 3.40 2.73 0.28 2.26 2.61 2.93
15 Mauritius 1.81 2.24 2.73 0.28 1.45 1.82 2.62
16 Malaysia 3.18 2.58 3.11 0.66 3.08 2.29 1.92
17 Thailand 3.02 3.59 2.98 0.67 1.45 2.90 3.36
18 Oman 2.47 1.83 2.55 0.00 0.74 3.61 3.64
19 Brazil 1.64 0.94 1.64 0.09 0.62 0.16 0.13
20 Guatemala 2.72 2.33 2.17 0.73 0.78 1.00 2.14
21 Poland 1.74 1.44 1.88 0.90 2.37 2.35 2.87
22 Taiwan 1.84 1.64 2.30 0.67 2.00 1.35 1.44
23 Indonesia 2.98 2.50 2.90 0.71 0.81 1.22 0.93
24 U S A 1.22 1.44 1.54 0.22 1.76 1.66 1.35
25 Morocco 2.48 3.20 1.80 0.35 0.14 0.26 1.13
26 Tunisia 0.42 1.06 0.98 0.37 1.24 2.12 1.78
27 Hong Kong 1.44 0.69 0.65 0.06 0.70 1.18 0.32
28 Philippines 2.19 2.42 2.30 0.12 0.06 0.56 1.03
29 Chile 0.52 0.91 0.54 0.31 0.68 1.15 0.95
30 Iran 2.09 0.58 1.79 0.31 1.09 2.32 2.78
Total of Above 271.76 254.94 203.74 50.06 146.50 234.05 244.55
% Share 95.62 95.67 95.32 95.18 95.24 95.91 95.87
Total Export of Cotton Yarn 284.20 266.48 213.75 52.60 153.83 244.02 255.09
S. No. Countries Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21
1 Bangladesh Pr 64.44 62.22 57.16 46.38 52.41 53.29
2 China P Rp 39.71 38.93 35.94 68.58 66.89 58.02
3 Vietnam Soc Rep 10.46 9.09 13.01 13.62 20.73 21.59
4 Egypt A Rp 9.08 10.96 12.30 9.97 14.62 13.29
5 Peru 17.46 20.55 20.05 15.66 14.51 14.39
6 Portugal 18.84 17.54 13.10 10.85 5.77 6.12
7 Korea Rp 6.74 5.66 6.15 8.67 13.50 13.04
8 Sri Lanka Dsr 6.24 8.07 7.89 7.08 6.75 8.40
9 Turkey 8.14 5.69 2.67 1.92 1.90 2.16
10 Colombia 2.01 4.76 5.84 7.62 8.60 11.11
11 Germany 3.73 4.09 4.05 3.34 5.67 3.69
12 Myanmar 4.74 4.30 1.40 2.54 3.77 3.28
13 Japan 1.30 3.05 1.88 2.21 3.74 3.26
14 Italy 3.54 2.66 2.48 1.73 2.64 1.75
15 Mauritius 3.22 3.36 3.46 2.14 4.23 2.45
16 Malaysia 0.90 1.88 2.77 1.62 4.07 3.39
17 Thailand 2.26 2.20 2.88 2.17 2.09 1.73
18 Oman 3.33 4.28 2.55 2.92 1.25 1.27
19 Brazil 0.38 2.98 5.35 5.13 5.71 4.53
20 Guatemala 2.75 1.86 2.26 2.21 2.95 3.55
21 Poland 2.55 2.69 1.27 1.32 1.07 1.48
22 Taiwan 1.74 1.45 2.60 1.31 1.90 1.74
23 Indonesia 1.87 1.54 0.71 1.63 2.32 1.33
24 U S A 1.80 1.75 1.16 1.33 1.91 2.56
25 Morocco 1.40 2.13 0.93 1.73 1.22 1.72
26 Tunisia 0.99 0.94 1.61 0.86 0.81 1.27
27 Hong Kong 0.70 1.17 1.53 1.08 2.71 1.26
28 Philippines 0.87 0.33 1.06 0.76 0.46 1.02
29 Chile 0.70 0.99 1.50 1.52 1.22 1.78
30 Iran 1.56 0.12 0.10 0.00 0.00 0.00
Total of Above 223.47 227.23 215.68 227.87 255.41 244.47
% Share 95.30 94.88 94.77 95.21 94.23 93.99
Total Export of Cotton Yarn 234.50 239.48 227.58 239.33 271.04 260.09
Source: DGCI&S, Kolkata
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