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Fibre2Fashion
Published
Mar 1, 2023
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India’s apparel exports at $14 bn in 2022, US top market at 35% share

By
Fibre2Fashion
Published
Mar 1, 2023

India shipped apparel worth $14.82 billion in 2022, with the US being the top market, accounting for 35.89% of India's exports at $5.319 billion. Over the last two years, India's exports to the US have grown impressively, registering an increase of 66%. Other countries in the top five markets include the UAE, Germany, the UK, and France. 



The UAE was the second-largest market for Indian garment exports, importing garments worth $1.163 billion, followed by Germany at $936.181 million, accounting for 7.85% and 6.32%, respectively, according to Fibre2Fashion's market insight tool TexPro. 

India's apparel exports to the UK were $911.860 million (6.15%), to France were $627.851 million (4.24%), to Spain were $580.595 million (3.92%), to the Netherlands were $578.686 million (3.90%), to Italy were $359.533 million (2.42%), to Australia were $276.644 million (1.87%), and to Canada were $272.301 million (1.84%). India's outbound shipments to the US had dropped by 19.36% to $3.044 billion in 2020 due to COVID-19. However, it bounced back in the following year, with exports increasing by 51.09% to $4.6 billion in 2021. In 2022, exports further increased by 15.63% to $5.319 billion, as per data obtained from TexPro. 

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