India’s merchandise export in December 2021 was US $ 37.29 billion, the highest ever monthly achievement, which shows an increase of 37 per cent over US $ 27.22 billion in December 2020 and an increase of 37.55 per cent over US $ 27.11 billion in December 2019. (preliminary data for December 2021).
Congratulating all the exporters, Export Promotion Councils (EPCs) and Indian Embassy officials all across the globe for contributing to this achievement, Piyush Goyal, Union Minister for Commerce and Industry, Textiles said that it a historic achievement and attributed it to the leadership of Prime Minister Narendra Modi.
India’s apparel export also increased 22.13 per cent in Dec.21 compared to Dec.20 and during the same period cotton yarn/fabrics/made-ups, handloom products etc. also witnessed a growth of 45.73 per cent.
It is worth mentioning here that the apparel exporters have been getting good orders since last few months and are also hopeful that it will be good in the near future;however, they fear Omicron also and are booking orders carefully.Notably, apparel and textile products are amongst top 10 major commodity groups.
Exports of major textile products
| Dec-21 | Dec-20 | % share in Dec-21 | Growth % , Dec-21 over Dec-20 | |
| Apparels of all textiles | 1,460.36 | 1,195.78 | 3.92 | 22.13 |
| Cotton Yarn/Fabrics/Madeups, Handloom products, etc. | 1,439.44 | 987.76 | 3.86 | 45.73 |
Value of Export (Million US$) Source: Ministry of Commerce
A. Sakthivel, President, Federation of Indian Export Organisations (FIEO) said that the spectacular exports growth coupled with orders in hand will help push India’s exports further.
