HS Code:
The 'Exceeding 52 nm but not exceeding 80 nm per single yarn (300)' category, typically falling under HS Code 5205.32, pertains to cotton yarn (other than sewing thread) containing 85% or more by weight of cotton, not put up for retail sale, with a linear density exceeding 52 metric number (nm) but not exceeding 80 nm per single yarn. This category is significant in the textile industry, used primarily for weaving and knitting fabrics for apparel and home textiles. It represents a medium-fine range of cotton yarn, balancing strength and fineness for various applications.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain EU countries on non-preferential imports)
Lowest Rate
0% (under free trade agreements like ASEAN-India FTA)
Rising demand for sustainable cotton yarn
Increased preference for organic and BCI (Better Cotton Initiative) certified yarns, driving up production costs but also market prices
2021-2022
Shift in supply chains post-COVID-19
Diversification of sourcing away from single-country dependency, benefiting smaller exporters like Vietnam and Bangladesh
2020-2022
Technological advancements in yarn production
Improved quality and reduced production costs through automation, enhancing competitiveness of major exporters like India
2019-2022
The Indian government extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for textile exports, including cotton yarn, to boost competitiveness.
March 2023
Expected to increase India's export volume by 10-15% in this category over the next two years.
The European Union introduced stricter sustainability and traceability requirements for textile imports, including cotton yarn, under the EU Green Deal framework.
January 2023
Potential cost increase for exporters not meeting standards, while benefiting those with certified sustainable practices.
Ongoing trade disputes have led to reduced Chinese imports of US cotton, redirecting demand for finished yarn to countries like Vietnam and India.
Mid-2022
Increased market share for South Asian exporters in the US market.