Cotton Fabric Export From India 2026 Market Overview & Trends

India's export performance peaked in 2021 with a value of $7.79 billion. Since then, the market has seen a gradual stabilization, reaching $5.90 billion in 2024. Notably, while export value decreased slightly from 2023 to 2024, the total quantity remained steady at 1.42 billion units, suggesting shifts in unit pricing dynamics over the last two years.

Bangladesh stands as the primary destination for Indian exports, commanding a significant $2.10 billion in 2024. Other key regional partners include Sri Lanka ($448 million) and China ($299 million). The data underscores India's critical role as a major supplier to Asian textile manufacturing hubs, with Vietnam and the United States also maintaining top-five positions.

Vietnam is the fastest-growing market with a significant 29.47% growth rate, followed closely by Peru at 28.06%. Bangladesh continues strong expansion at 25.93%. These high growth rates in diverse regions like Southeast Asia, South America, and the Middle East (UAE at 26.98%) indicate successful market diversification and emerging demand clusters.

Cotton yarn (HS 520523) is the top-performing product, generating $1.03 billion in 2024. High-quality combed fibers dominate the rankings, with HS 520524 and HS 520522 contributing a combined $1.08 billion. This concentration in yarn products highlights India's competitive advantage in supplying essential raw materials for global apparel production.