In May 2022/23, India exported 80,200 tons of cotton yarn (under HS:5205), an increase of 4.79% month-on-month and a year-on-year increase of 69.87%. In 2022/23 (August-May), 569,500 tons of cotton yarn were exported, a year-on-year decrease of 43%. It is worth noting that the data shows that India’s cotton yarn exports in May increased by nearly 70% year-on-year, but the month-on-month increase was less than 5%. The year-on-month growth rate is quite different. The reason is that the cotton yarn export volume in the same period last year was only 47,200 tons, the base number The small increase in cotton yarn exports in May this year caused a significant year-on-year increase.
The main exporting countries and export volume proportions in 2022/23 (August-May) are as follows: exports to Bangladesh were 174,100 tons, a year-on-year decrease of 59.22%, accounting for than 30.58%; exports to China were 86,200 tons, a year-on-year decrease of 39.92%, accounting for 15.14%.
