OREANDA-NEWS. At present there is no restriction on export of cotton. Even the requirement of registration of contracts has been removed vide Notification No. 102 (RE-2013)/2009-14 dated 08.12.2014. As such, the foreign countries are free to procure cotton from India as per their needs.

So far as the border countries are concerned, China, Bangladesh and Pakistan are among the top 5 importers of Cotton from India. Other countries sharing border with India import negligible quantities from India. Country-wise details for exports during the past three years (top 5 destinations) are as under:

 

Value in US\$ Mill

Country

2012-13

2013-14

2014-15 (Apr-Feb)

China

  2,237.38

  1,912.95

     696.50

Bangladesh

     610.06

     698.88

     510.26

Vietnam

     166.51

     220.34

     214.46

Pakistan

     392.78

     343.35

       79.15

Taiwan

       42.91

       43.80

       39.59

Others

     298.06

     418.41

     167.63

Total

3,747.70

3,637.73

1,707.59

Source: DGCIS

 

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.