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Low reliance on Canada cushions India's textile sector amid tensions

17 Oct '24
1 min read
Low reliance on Canada cushions India's textile sector amid tensions
Low reliance on Canada cushions India's textile sector amid tensions

Insights

  • India's textile trade with Canada is not expected to be heavily impacted by the recent diplomatic tensions between the two countries.
  • From January to July ****, India's exports to Canada were modest, with apparel accounting for *.*% , home textiles for *.*% , and fabrics for *.*% of the total exports in these categories.

India&#**;s total apparel exports amounted to $*.*** billion during the first seven months of ****, with exports to Canada accounting for $***.*** million during the same period, representing just *.** per cent of the total. In ****, India&#**;s apparel exports to Canada were valued at $***.*** million, compared to $***.*** million in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

In terms of home textiles, India exported $*.*** billion worth of goods during January to July ****, with $***.*** million shipped to Canada, making up *.** per cent of the total trade. India’s home textile exports to Canada were valued at $***.*** million in **** and $***.*** million in ****.

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