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India eyes bigger share in Norwegian apparel & textile imports

14 Dec '24
2 min read
India eyes bigger share in Norwegian apparel & textile imports
India eyes bigger share in Norwegian apparel & textile imports

Insights

  • India and Norway are expanding their economic ties, with recent discussions on cross-sector growth at a ministerial meeting in Mumbai.
  • Although India remains a key textile supplier, its share in Norway's imports has diminished slightly compared to last year.
  • The country stands as the fifth-largest supplier of apparel and the second-largest in home textiles to Norway.

The Nordic nation imported apparel worth $**.*** million from January to October ****, which accounted for *.** per cent of its total apparel imports of $*.*** billion in the same period. India was the fifth-largest supplier after China, Bangladesh, Turkiye, and Vietnam, whose combined share exceeded ** per cent during the period. Norway’s total apparel imports increased from $*.*** billion in January-October ****, but its imports from India slowed down in the first ten months of the current year from the inbound shipment of $**.*** million in the corresponding period of the last year. India also slipped to fifth place this year from fourth position in January-October ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

The north European country’s apparel imports stood at $*.*** billion in ****, out of which the import from India was noted at $***.*** million. Earlier, the inbound shipment from India was valued at $***.*** million in **** and $**.*** million in ****.

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