The Indian Worn Clothing & Textile Articles Industry export was recorded in Aug'22 for ?41.34 bn |Trade Surplus of ?37.19 bn

The Indian Worn Clothing & Textile Articles?Industry exports in Aug'22 were ?41.34 bn which contributes to 1.72% of total merchandise Export in Aug'22. Here we see a trade surplus of ?37.19 bn, as imports were recorded at ?4.15 bn.

In Aug'22 overall, the Indian Worn Clothing & Textile Articles Industry exports decreased by 10.48% year-on-year and decreased by 4.83% month-on-month as per the study by?BE Smart Exim.

In Aug'22, Maharashtra exported 34.99% of the overall Worn Clothing & Textile Articles?Industry followed by Tamil Nadu with 23.89% and Gujarat with 15.93%.

The top 5 Exporting Countries are US(export value ?19.61 bn), UK(export value ?1.79 bn), UAE(export value ?1.67 bn), Germany(export value ?1.66 bn), Australia(export value ?1.45 bn).

The Indian Worn Clothing & Textile Articles Industry Imports in Aug'22 was .08% of total merchandise Imports in the month of Aug'22 in terms of value.

In Aug'22 overall, the Indian Worn Clothing & Textile Industry imports jumped by 5.59% year-on-year and increased by 20.99% month-on-month.

In Aug'22, West Bengal imported 29.45% of the overall Worn Clothing & Textile Industry followed by Maharashtra with 22.34% & Rajasthan with 19.66%.

The top 5 Importing Countries are China(import value ?1.60 bn), Bangladesh(import value ?1.17 bn), Korea Rep(import value ?0.31 bn), Canada(import value ?0.22 bn), and Nepal(import value ?0.13 bn).

All India merchandise exports in Aug'22 were ?2391.33 bn increase of 9.29% and 51.45% compared to Aug'21 (export value ?2187.88 bn) and Aug'20 (export value ?1578.90 bn) respectively.

All India merchandise imports in Aug'22 were ?4948.51 increase of 42.73% and 130.63% compared to Aug'21 (import value ?3467 bn) and Aug'20 (import value ?2145.62 bn) respectively.