Bangladesh limits land-based Indian yarn imports
• Bangladesh has banned yarn import from India through its land ports.
• India exported cotton yarn worth $1.6 billion in 2024 and manmade fibre yarn worth nearly $85 million.
• India rescinded its 2020 order allowing goods transhipment to third countries due to port congestion.
• 32% of yarn exported to Bangladesh is by land.
• The restrictions will affect small and medium-scale textile mills, leading to higher costs.
• The suspension will significantly impact India’s cotton yarn exports to Bangladesh.