India’s Cotton Sewing Thread Exports Dropped by 10% in 2014

Textile Fibres August 13, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported 2,585 tonnes of cotton sewing thread totaling 19 million USD, 10% under the previous year. Its primary trading partner was the U.S., where it supplied 17% of its total cotton sewing thread exports in value terms, accounting for 33% of the U.S.'s total imports.

From 2007 to 2014, India was a net exporter of cotton sewing thread. Over this period, exports consistently exceeded imports in value terms. In physical terms this difference was more pronounced.

China and Thailand were among the other main global suppliers of cotton sewing thread in 2014. The fastest growing exporters from 2007 to 2014 were Pakistan (+21% per year) and China (+12% per year). With this, China strengthened its position in the global export structure.

India's top 5 trading partners in 2014 were the U.S., Brazil, Estonia, Italy and the United Arab Emirates, with a combined 48% share of India's cotton sewing thread exports. The share of Brazil increased significantly (+10 percentage points), while the share of the United Arab Emirates dipped marginally (-0.3 percentage points).

Source: World: Cotton Sewing Thread - Market Report. Analysis and Forecast to 2020