China's yarn exports to India double in Q1, reach $349 mn

In Q1 2022, the shipment value was $263.299 million with a weight of 90.893 million kg. China's yarn exports to India have also shown a positive trend in the first quarter, compared to the preceding fourth quarter (Q4) of 2022, when the trade was recorded at $323.216 million, and the shipment weight was 159.686 million kg, according to Fibre2Fashion's market insight tool TexPro. 

In the third quarter (Q3) and second quarter (Q2) of 2022, China's yarn exports to India were $335.480 million (124.231 million kg) and $448.370 million (174.284 million kg), respectively. In Q4 2021, the value stood at $290.343 million with a shipment weight of 91.462 million kg. 

Looking at annual figures, China exported yarn to India valued at $1,370.367 million (549.097 million kg) in 2022, $1,076.057 million (491.185 million kg) in 2021, $521.771 million (269.366 million kg) in 2020, $533.577 million (184.1 million kg) in 2019, and $474.979 million (131.699 million kg) in 2018, as per TexPro.

ALCHEMPro News Desk (KUL)