Home / Knowledge / News / Textiles / India replaces US as top cotton exporter
India replaces US as top cotton exporter
16
Sep '08
It was noticed during the China Cotton Industry Development Summit Forum and International Cotton Trade Fair 2008 that there have been some major changes in the cotton import trend of China.

Cotton imports, especially from India have been on a sudden rise and according to the relevant data, India exported 7 million bales of cotton in 2006-07 largely due to inexpensive labor and increased cultivation under Bt cotton seeds, which enhanced proceeds and lowered costs.

Statistics availed from China Cotton Association shows that of the aggregate imports of the country from January to December 2007, US emerged to be the largest supplier commanding 49.87 percent of the total while India stood at the second position with 20.94 percent.

However, starting from September last year until now, the tables have turned in favour of India. China's cotton import proportion from amongst countries from which it imports cotton has undergone a change. India now leads the chart accounting for 37.9 percent of the total imports while US supplies 34.9 percent of the cotton raw material.

Even in the first three months of this year, Indian cotton farmers had an absolute superiority in terms of exports and reaped considerable benefits from supplies made to China.

Imports made from Uzbekistan, Australia and other countries also evinced stability but experts anticipate that India would become the leading source of raw materials for Chinese textile enterprises in the near future.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search