Apparel exports were to the tune of USD 1058.89 mn in the financial year 2012-13 with a decline of 9.7 per cent against the corresponding month of last financial year. In rupee terms, the exports have increased by 5.44 per cent in April 2012-13 over the same month of previous FY. In April 2012-13, in rupee terms, apparel export of India were to tune of Rs 5486 crore compared to Rs 5203 crore in April 2011-12.


In the FY 2011-12, exports increased by 17.9 per cent from previous FY and summed USD 13699 mn in April March 2011-12.


Month

FY2011-11

FY 2012-13

MoM Growth (%)

In INR Crore

In US$ Million

In INR Crore

In US$ Million

INR

US$

April

5203

1172.73

5486

1058.89

5.44

-9.71

Cumulative

(April) [1 Month]

5203

1172.73

5486

1058.89

5.44

-9.71

Month

FY2010-11

FY 2011-12

MoM Growth (%)

In INR Crore

In US$ Million

In INR Crore

In US$ Million

INR

US$

Cumulative (Apr-March) [12 months]

52917

11614

65651

13699

24.06

17.95


Apparel Imports of US


Apparel imports of the United States witnessed an increase of 3.3 per cent in Jan-Mar 2012 from the corresponding period of previous year and amounted to 18.1 billion dollars. In the same period, US imports of apparel from India declined by 5.2 per cent and reached to USD 933.6 mn against USD 984.5 mn in the previous year. US imports from China saw an increase of 2.7 per cent in Jan-March 2012 over the corresponding period of last year and all the other major suppliers like Vietnam, Indonesia, Bangladesh and Mexico also witnessed increase of 11 per cent, 3.9 per cent, 6.5 per cent, and 7.1 per cent respectively. Among the top six suppliers, Vietnam registered maximum growth from the same period of previous year.


Apparel Imports of EU


EUs apparel import accounted for USD 15626mn for Jan-Feb 2012 with a decline of 2.8 per cent over the same period of previous year. Indias export to EU for the same period in 2012 amounted to USD 1099mn with a decline of 9.3 per cent. For the period of Jan-Feb 2012, highest increase in EUs import is registered by Turkey (16.1 per cent) while rest of the top suppliers have registered a decline in the EU import from same period of previous year.

 


Top Apparel Supplier Countries to US (Value of imports in USD Mn.)


2010

2011

Jan-March. 2011

Jan-March. 2012

March-11

March-12

%age

Change

%age Change

Jan-March 12/ Jan-March 11

March12/

March11

Total Apparel Imports of US

72520

77659.4

17554.3

18138.7

5527.5

5520

3.3

-0.1

CHINA

28773

29392.2

5849.7

6009.5

1314.4

1474.6

2.7

12.2

VIETNAM

5797

6644.1

1478.2

1641

415.7

503.4

11

21.1

INDONESIA

4436

5051.7

1284.5

1334.9

449.1

440.6

3.9

-1.9

BANGLADESH

3848

4509.9

1158.7

1234.1

424.1

396

6.5

-6.6

MEXICO

3670

3803.6

898.3

962.5

345.2

348.4

7.1

0.9

INDIA

3158

3316

984.5

933.6

388

318.4

-5.2

-17.9


(Source: U.S. Department of Commerce Office of Textile and Apparel)


In the month of February 2012 compared to the same month of last year, all top five suppliers registered decrease in the import of EU except for Turkey. Highest fall in import has been registered by Bangladesh followed by India.


EUs apparel import accounted for USD 94317mn in the year 2011 with an increase of 13.82 per cent over the previous year. Indias export to EU amounted to USD 6462 mn with increase of 15.45 per cent for the same period.


Top Apparel Supplier Countries to US (Value of imports in USD Mn.)

Countries

2009

2011

Jan-Feb. 2011

Jan-Feb. 2012

Feb-11

Feb-12

%age

Change

%age Change

Jan-Feb. 12/ Jan-Feb. 11

Feb. 12/ Feb. 11

World

82867

94353

16073

15626

7922

7553

-2.8

-4.7

China

3773

41404

7283

6924

3439

3233

-4.9

-6.0

Turkey

10431

11417

1580

1838

846

932

16.3

10.1

Bangladesh

7754

10497

2067

1797

1007

866

-13.1

-14.0

India

5597

6464

1212

1099

650

585

-9.3

-10.1


Source: GTIS, 2011


 

Apparel Imports of Canada


Canadas imports of apparel from India from January to December of 2011 accounted for USD 313.7mn with an increase of 14.2 per cent as compared to corresponding period of last year. Its total import of apparel for the period of Jan-Dec 2011 amounted to USD 8677.1 mn with an increase of 15 percent against Jan-Dec 2010.


China, Bangladesh, Cambodia, United States, Vietnam and India were the top suppliers of apparel to Canada. Among the top apparel suppliers, China, Bangladesh, Cambodia, United States, Vietnam and India saw an increase of 10, 32.9, 49.6, 5.9, 29.3 and 14.2 respectively in apparel exports to Canada from January to June 2011.


Canadas imports of apparel from India in 2011 accounted for USD 313.7mn with an increase of 14.2 per cent as compared to last year. Its total import of apparel from the world for 2011 amounted to USD 8677.1mn with an increase of 15.1 per cent in 2010.


Top Apparel Supplier Countries to US (Value of imports in USD Mn.)

Countries

2010

2011

Jan-Dec. 2010

Jan-Dec. 2011

Dec-10

Dec-11

%age

Change

%age Change

Jan-Dec. 11/ Jan-Dec. 10

Dec 2011 / Dec 2010

World

7537.8

8677.1

7537.751

8677.072

566.8

576

15.1

1.6

China

3929.7

4323.9

3929.7

4323.9

276.5

281.1

10.0

1.7

Bangladesh

720.0

956.7

720.0

956.7

57.8

45

32.9

-22.1

Cambodia

328.7

491.6

328.7

491.6

32.4

36.6

49.6

13.0

USA

404.2

427.9

404.2

427.9

26.4

32.4

5.9

22.7

Vietnam

263.3

340.4

263.3

340.4

20.9

27.8

29.3

33.0

India

274.6

313.7

274.6

313.7

17.3

16.21

14.2

-6.3


(Source: ITC, 2011)


This article was originally published in Apparel India, magazine, May, 2012.