Indian yarn exports to China have been sluggish since May 2014, falling year on year, however, there has been a little rebound in May 2015. In June 2015, exports jumped 105 per cent in volume and 80 per cent in value terms. The sudden rise can be attributed to relatively higher domestic prices compared to imported goods. The other factors include: firm cotton prices and prevailing state cotton reserve policy.

In June, 83 countries imported spun yarn from India with China topping and accounting for 40 per cent of the total. Bangladesh, the second largest importer of spun yarns, accounted for 11 per cent of all spun yarn exported from India. However, exports to Bangladesh declined one per cent in volume and 10 per cent in value terms. Egypt continued to be the third largest importer of spun yarns, with volume and value both down year on year. These three top importers together accounted for more than half of spun yarn exported from India in June.

In June India acquired four new markets including Honduras, Paraguay, Singapore and Kuwait. They together imported 1.90 million dollars worth of spun yarns. Romania, Norway, Philippines, Argentina, Malawi, New Zealand and Hong Kong were among the fastest growing markets in June, doubling their imports from India.