INSIGHTS
In 2022, the Netherlands was the 6th largest market for India’s apparel exports, holding 4.02 per cent share of India’s total exports of $16.238 billion.
During fiscal 2023, Netherlands emerged as India’s 3rd largest export destination.
India’s apparel exports to Netherlands rose by 32.56 per cent to $652.169 million in 2022 from $491.987 million in 2021.
In 2022, the Netherlands was the sixth-largest market for India’s apparel exports. Over the past two years, outbound shipments to the Netherlands have nearly doubled, representing a market share of 4.02 per cent of India’s total exports of $16.238 billion in 2022.
During fiscal 2022-23 (April-March), the Netherlands emerged as India’s third-largest export destination, following the United States and the United Arab Emirates.
India’s apparel exports to the Netherlands increased 32.56 per cent to $652.169 million in 2022, up from $491.987 million in 2021. However, this figure represents a 15.49 per cent decrease from $455.161 million in 2019, as trade slumped to $384.648 million in 2020. The trade was noted at $436.352 million in 2017 and $471.688 million in 2018, according to Fibre2Fashion’s market insight tool TexPro.
In the past year, shirts were the leading apparel item exported from India to the Netherlands, totalling $123.332 million, or 18.98 per cent of total exports. Other notable exports included trousers and shorts at $105.788 million (16.28 per cent), T-shirts at $94.168 million (14.49 per cent), dresses at $80.847 million (12.44 per cent), baby wear at $45.952 million (7.07 per cent), and nightwear at $44.137 million (6.79 per cent).
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