India’s  Ready -Made Garment (RMG) Export Update for FY (April-June) 2020-21

RMG exports were to the tune of USD 803.37 million in June 2020 with a decline of  34.84  per cent against the corresponding month of June 2019, which was USD 1232.87   million. Cumulative RMG exports in dollar terms during April-June, 2020-21 is USD  1446.31    million registering a decline of 65.32   %.

In rupee term export for the Month of June 2020 was Rs  6083.70 Cr. as against Rs.  8560.93   Cr. in June 2019 with a decline of 28.94 per cent. RMG Exports in Rupee terms during April-June, 2020-21 is Rs. 10955.42 Cr. registering a decline of 62.23%.

India’s RMG Export to World
Month FY 2019-20 FY 2020-21 MoM Growth of 2020-21 over 2019-20 (%)
In INR Crore In US$ Million In INR Crore In US$ Million INR US$
April 9786.03 1409.53 962.92 126.31 -90.16 -91.04
May 10661.45 1528.02 3908.80 516.63 -63.34 -66.19
June 8560.93 1232.87 6083.70 803.37 -28.94 -34.84
Total

(April-June)

29008.41 4170.42 10955.42 1446.31 -62.23 -65.32
Source: DGCI&S, Kolkata, 2020

India’s  month-wise RMG exports to the World for the FY- 2019-20                                         

India’s RMG export to World in the April-March of 2019-20 was to the tune of USD 15488.70 mn.  which has declined by -4.03 per cent compared to the same period of previous financial year.

India’s RMG Export to World
Month FY 2018-19 FY 2019-20 MoM Growth of 2019-

20 over 2018-19 (%)

In INR

Crore

In US$

Million

In INR

Crore

In US$

Million

INR US$
April 8859.67 1349.81 9786.03 1409.53 10.46 4.42
May 9040.63 1338.57 10661.45 1528.02 17.93 14.15
June 9202.63 1357.46 8560.93 1232.87 -6.97 -9.18
July 8756.04 1274.65 9390.06 1364.67 7.24 7.06
August 8984.78 1291.91 8966.98 1260.37 -0.2 -2.44
September 7967.54 1103.3 7699.67 1079.39 -3.36 -2.17
October 8327.8 1131 7865.31 1107.18 -5.55 -2.11
November 8115.95 1129.5 7544.01 1055.82 -7.05 -6.52
December 9719.33 1374.12 10019.39 1407.36 3.09 2.42
January 10801.57 1527.09 10347.66 1451.00 -4.20 -4.98
February 10997.46 1544.11 10540.52 1474.44 -4.15 -4.51
March 11933.49 1717.58 8312.77 1118.05 -30.34 -34.91
April-March 112701.30 16138.29 109694.78 15488.70 -2.67 -4.03
Source: DGCI&S, Kolkata, 2020

Update on USA and EU RMG Import                                                                                                               

India’s Position in USA’s RMG Import

USA RMG Import from World
Exporting Country In USD mn. % Change
January- May, 2019 January- May, 2020
World 33111.5 23921.2 27.8
China 9084.9 4612.8 -49.2
Vietnam 5307.2 4810.3 -9.4
Bangladesh 2551.9 2243.1 -12.1
India 1953.7 1424.6 27.1
Cambodia 1011.4 1076.7 6.5
Source:Otexa, 2020

India’s Position in EU(27) RMG Import

India’s Position in EU(27) RMG Import
S. No. Exporters Import in USD mn. % Change
Jan-

Mar,2019

Jan-

Mar,2020

World 48413.4 44940.2 7.2
1 China 8715.1 7425.1 -14.8
2 Bangladesh 6172.8 6081.7 -1.5
3 Germany 4434.8 3981.1 -10.2
4 Turkey 3360.7 3172.1 -5.6
5 Italy 2578.3 2401.7 -6.8
6 India 1906.9 1790.0 6.1
Source:UN Comtrade,2020

India’s Top 10 RMG Export Destinations                                                                                  

  S. N.      Country                            Export in USD mn.          %                        % Share

                                         Apr-Mar  2019       Apr-Mar 2020     Change     Apr-Mar 2019  Apr-Mar 2020

Total RMG               16156.37                15509.27               -4.0                    100                          100

Sum of Top 10           11936.89                11311.52               -5.2                   73.9                        72.9

1                 U S A                    4165.95                   4241.3                  1.8                    25.8                        27.3

2          U ARAB EMTS             1991.15                  1686.01               -15.3                   12.3                        10.9

3                   U K                      1605.51                   1530.8                 -4.7                     9.9                          9.9

4             GERMANY                 1143.6                    956.37                -16.4                    7.1                          6.2

5                SPAIN                    776.46                    718.63                 -7.4                     4.8                          4.6

6              FRANCE                  737.51                    644.05                -12.7                    4.6                          4.2

7           SAUDI ARAB               408.74                    498.91                 22.1                    2.5                          3.2

8          NETHERLAND              471.66                    445.99                 -5.4                     2.9                          2.9

9                 ITALY                     416.44                    341.37                -18.0                    2.6                          2.2

10             NIGERIA                  219.87                    248.09                 12.8                    1.4                          1.6

Source:DGCI&S, 2020

India’s Top 10 RMG product exports to World                                                                          

India’s Top 10 RMG product exports to World
Commodity Export in USD mn.

Apr-              Apr-

%Growth Apr- % Share Apr-
S.No. HSCode Mar 2019 Mar 2020 Mar 2019 Mar 2020
Total RMG 16156.37 15509.28 -4.0 100 100
Sum of Top 10 7,320.09 7,149.15 -2.3 45.3 46.1
1 610910 T-SHIRTS ETC OF COTTON 1,847.08 1,864.51 0.9 11.4 12.0
2 620520 MENS OR BOYS SHIRTS OF COTTON 816.56 776.24 -4.9 5.1 5.0
3 611120 BABIES GARMENTS ETC OF COTTON 663.96 702.7 5.8 4.1 4.5
4 620443 DRESSES OF SYNTHETIC FIBRES 598.53 654.5 9.4 3.7 4.2
5 610990 T-SHIRT ETC OF OTHER TEXTILE

MATERIALS

694.89 617.39 -11.2 4.3 4.0
6 620442 DRESSES OF COTTON 520.47 568.62 9.3 3.2 3.7
7 621143 OTHER GARMENTS OF MAN-MADE FIBRES 605.7 545.02 -10.0 3.7 3.5
8 620640 BLOUSES,SHIRTS ETC OF MAN-MADE FIBRES 565.38 490.75 -13.2 3.5 3.2
9 620342 TROUSERS BIB AND BRACE OVERALLS BREECHES AND SHORTS OF COTTON FOR MENS AND BOYS 459.42 466.43 1.5 2.8 3.0
10 620630 BLOUSES,SHIRTS AND SHIRTS-BLOUSES OF COTTON 548.1 462.99 -15.5 3.4 3.0
Source:DGCI&S, 2020

India’s Textile & Ready Made Garment (RMG) Update for Index for Industrial Production (IIP) for FY May, 2020-21

Manufacture of

Textiles

MoM Growth Rate Manufacture of

Wearing Apparel

MoM Growth Rate
(In %) (In %)
Month 201920 202021 2019

20/2018-19

201920 202021 2019

20/2018-

19

April 119.8 5.3 -95.6 165.1 6.3 -96.2
May 115.6 31.5 -72.8 163.5 97.5 -40.4
Total (Apr- May) 117.7 18.7 84.1 164.3 52 -68.4
Source:CSO, 2020

India’s Textile & Ready Made Garment (RMG) Update for Index for Industrial Production (IIP) for FY March, 2019-20

Manufacture of

Textiles

MoM Growth Rate (In %) Manufacture of Wearing

Apparel

MoM Growth

Rate

(In %)

Month 201819 201920 2019

20/2018-19

201819 201920 201920/2018

19

April 116.2 115.9 -0.3 125.4 167.5 33.6
May 118.9 123.2 3.6 150.8 163.7 8.6
June 117.1 112.5 -3.9 151.6 161.7 6.7
July 120.1 114.7 -4.5 145.4 167.2 15
August 124.4 115 -7.6 146 161 10.3
September 121.6 115.1 -5.3 142.2 146.8 3.2
October 120.2 112 -6.8 141.1 137.5 -2.6
Manufacture of

Textiles

MoM Growth Rate (In %) Manufacture of Wearing

Apparel

MoM Growth

Rate

(In %)

Month 201819 201920 2019

20/2018-19

201819 201920 201920/2018

19

November 113.6 115.7 1.8 135.7 139.1 2.5
December 120.4 118.7 -1.4 175.6 158.3 -9.9
January 118.2 122 3.2 171.8 182.3 6.1
February 113.8 119.6 5.1 171.5 177.3 3.4
March 120.3 104.5 -13.1 193.6 154 -20.5
Total 118.7 116 2.3 154.2 160.5 4.1
Source:CSO,2020
  • Manufacturing of Textiles for the month of March, 2020 is 104.5 which has shown a decline of 13.1% as compared to March, 2019.
  • Manufacturing of Textiles for the financial year Apr-March, 2019-20 is 116.0 which has shown a decline of 2.3% as compared to the financial year Apr-March, 2018-19.
  • Manufacturing of Wearing Apparel for the month of March, 2020 is 154.0 which has shown a decline of 20.5% as compared to March, 2019.
  • Manufacturing of Wearing Apparel for the financial year Apr-March, 2019-20 is 160.5 which has shown a positive growth of 4.1% as compared to the financial year Apr-March, 2018-19