Apparel exports were $215.742 million in the second half of 2020 and $168.906 million in the first half of 2020. Fibre2Fashion’s TexPro market analysis tool. During Art In the pandemic year 2020, India’s annual exports fell to $384.648 million from $455.161 million in 2019. But in 2021, it recovered to $491.987 million. The value of exports amounted to 401.572 million dollars in the first seven months of the current year. By December 2022, exports may exceed $700 million.
Apparel exports from India to the Netherlands are expected to register impressive growth this year. In the first half of 2022, exports increased to $352.153 million, compared to $264.219 million in the second half of 2021 and $227.767 million in the first half of 2021. India jumped from tenth to sixth place in the first half of 2022 in terms of apparel imports from the Netherlands. .
Clothing imports from the Netherlands in January-July 2022 amounted to $9.121 billion. In 2021, the European country imported $16.282 billion in apparel, while India ranked tenth.
The Netherlands remained in the seventh position for apparel exports from India, which accounted for 3.75 percent of the total exports of $9.383 billion in the first half of 2022.
Fibre2Fashion News Desk (KUL)
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