Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Gujarat: Cotton exports set to touch 7-year high.


Date: 18-08-2021
Subject: Gujarat: Cotton exports set to touch 7-year high
AHMEDABAD: Riding on strong demand from overseas markets, cotton exports from the country are estimated to rise at 77 lakh bales (one bale is equivalent to 170kg) in 2020-21, the highest in the past seven years. The exports had previously reached a high of 112 lakh bales in 2013-14, said industry players. 

Being the largest producer of cotton in India,Gujarat ’s contribution to the total exports has been 40-45%. 

The Cotton Association of India (CAI)’s contribution to the total exports has been 40-45%. 

The Cotton Association of India (CAI)) recently raised its estimate for India’s cotton exports by 5 lakh bales based on export shipment bookings data provided by the exporters. The apex body of the Indian Cotton  trade has now pegged the exports at 77 lakh bales, which will be 54% higher than the 50 lakh bales exported in the cotton season of 2019-20. About 70 lakh bales were already shipped as on July 31. 

According to the CAI data, the cotton exports from the country stood at 42 lakh bales, 69 lakh bales, 63 lakh bales, and 72 lakh bales in fiscals 2019, 2018, 2017, and 2016. 

Strong demand coupled with low price of Indian cotton in the international market pushed up cotton exports. “There was strong demand for our cotton from Bangladesh, Veitnam,, Indonesia, and China,” said Arun Dayal , a city-based cotton broker. 

The Indian cotton prices remained Rs 2,000-2,500 per candy (one candy weighs 356kg), which were lower than the international prices throughout the year. 

“The cotton offtake from overseas buyers increased following strong demand for cotton yarn, which offered good margins to yarn manufacturers,” said Nirav Patel “The cotton offtake from overseas buyers increased following strong demand for cotton yarn, which offered good margins to yarn manufacturers,” said 

The surge in demand, however, has increased cotton prices with export quality cotton ruling at Rs 55,000 to Rs 56,000 per candy, said industry players. CAI has projected 93.50 lakh bales of cotton output for Gujarat for 2020-21. 

Source:thetimesofindia.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001