India-Vietnam textile trade falls in Jan-Apr 2025

Between January and April 2025, India’s yarn exports stood at $56.474 million, accounting for 45.50 per cent of its total textile exports. Fibre and fabric exports were $34.956 million (28.97 per cent) and $31.698 million (25.54 per cent), respectively. Yarn exports declined 28.49 per cent compared to $78.968 million in the same period last year, while fibre exports dropped sharply by 55.25 per cent from $80.345 million. In contrast, fabric exports increased by 27.76 per cent in the first four months of 2025, rising from $24.811 million in January–April 2024, according to sourcing intelligence tool TexPro.

India’s textile exports and imports during the corresponding period in 2024 were $184.124 million and $71.046 million, respectively.

In January–April 2025, India’s textile imports of $82.412 million included fabric imports worth $29.909 million (36.29 per cent), yarn imports of $27.677 million (33.58 per cent), and fibre imports of $24.825 million (30.12 per cent). Fabric and yarn imports rose 12.49 per cent and 46.76 per cent year on year, respectively, while fibre imports declined by 3.02 per cent.

In the full year 2024, India exported textile products worth $436.181 million and imported $235.738 million, compared to exports of $327.281 million and imports of $247.306 million in 2023. Thus, exports increased by 33.33 per cent, while imports declined by 4.85 per cent year on year, according to TexPro.

India’s yarn exports in 2024 amounted to $188.700 million, 24.49 per cent higher than in 2023. Fibre and fabric exports reached $173.582 million and $73.898 million, up 66.10 per cent and 3.79 per cent year on year, respectively. Textile imports consisted of fibre imports worth $88.534 million, fabric imports of $83.728 million, and yarn imports of $63.930 million. Fibre and yarn imports declined by 8.86 per cent and 14.57 per cent, respectively, while fabric imports rose by 10.36 per cent in 2024.

ALCHEMPro News Desk (KUL)