China has emerged as the largest importer of Indian cotton over the last three years. According to a written reply by commerce minister Nirmala Sitharaman in the Rajya Sabha, China has imported cotton worth $696.5 million in the first 11 months of fiscal 2014-15. In 2013-14, India exported cotton worth $1912.95 million to China while the figure was $2237.38 million in 2012-13.
In April-February 2014-15, India exported cotton worth $1707.59 million. Among India’s neighbouring countries, Bangladesh was the next largest importer.
In 2014-15, till February, India exported cotton worth $510.26 million against 2013-14’s figure of $698.88 million. In 2012-13, Indian cotton export to Bangladesh was worth $610.06 million.
Contributed By Sonia Narula