Statistics of Vietnam Silk Trade January to August 2024
In the previous article, we learned about Brazil’s silk trade from January to October 2024. Interested readers can click this link to check it outhttps://blog.docsunhomeandliving.com/statistics-of-brazil-silk-goods-trade/. Now, we will focus on analyzing Vietnam’s silk trade from January to August 2024.
Source: China National Textile and Apparel Council
Author: Silk Department
Date: November 13, 2024, 11:11:53
According to GTF statistics, from January to August 2024, Vietnam’s total trade volume in silk products was USD 118 million, a decrease of 14.14% year-on-year. Among this, exports totaled USD 83.40 million, a decrease of 0.64%, and imports were USD 34.70 million, a decrease of 35.28% (see the attached tables for details).
Table 1: Export Value of Vietnamese Raw Silk Products to Major Markets (January – August 2024)
Unit: USD 10,000
| No. | Partner Country/Region | Export Value | Market Share (%) | Year-on-Year (%) |
| – | Global | 8340.02 | 100.00 | -0.64 |
| 1 | India | 5167.58 | 61.96 | -7.86 |
| 2 | Japan | 1581.15 | 18.96 | 13.61 |
| 3 | Laos | 805.24 | 9.66 | 40.68 |
| 4 | Thailand | 238.05 | 2.85 | 65.12 |
| 5 | China | 125.37 | 1.50 | -12.21 |
| 6 | Hong Kong, China | 121.36 | 1.46 | -39.82 |
| 7 | Cambodia | 102.63 | 1.23 | – |
| 8 | Taiwan, China | 22.62 | 0.27 | 32.13 |
| 9 | Unspecified | 176.01 | 2.11 | -43.12 |
(Data Source: GTF)
Table 2: Export Quantity and Unit Price of Vietnamese Raw Silk to Major Markets (January – August 2024)
Quantity Unit: Ton
Unit Price: USD/Kg
| No. | Country/Region | Export Quantity | Year-on-Year (%) | Share (%) | Unit Price | Year-on-Year (%) |
| – | Global | 1568.61 | -5.00 | 100.00 | 53.17 | 4.59 |
| 1 | India | 812.31 | -8.66 | 51.79 | 63.62 | 0.99 |
| 2 | China | 199.84 | -3.55 | 12.74 | 6.27 | -8.98 |
| 3 | Laos | 184.42 | 37.90 | 11.76 | 43.66 | 2.02 |
| 4 | Japan | 174.56 | -12.84 | 11.13 | 90.58 | 30.35 |
| 5 | Thailand | 99.83 | 44.27 | 6.36 | 23.85 | 14.45 |
| 6 | Cambodia | 20.55 | – | 1.31 | 49.94 | – |
| 7 | Hong Kong, China | 18.97 | -40.06 | 1.21 | 63.99 | 0.41 |
| 8 | Taiwan, China | 3.60 | 31.12 | 0.23 | 62.76 | 0.77 |
| 9 | Unspecified | 54.52 | -48.51 | 3.48 | 32.28 | 10.48 |
(Data source: China Custom)
Import
Table 3: Import Value of Vietnam’s Raw Silk Products from Major Sources (January – August 2024)
Unit: USD 10,000
| No. | Partner Country/Region | Import Value | Share (%) | Year-on-Year (%) |
| – | Global | 3470.07 | 100.00 | -35.28 |
| 1 | China | 2873.30 | 82.80 | -37.84 |
| 2 | Uzbekistan | 304.35 | 8.77 | -47.87 |
| 3 | India | 277.80 | 8.01 | 906.35 |
| 4 | Japan | 12.60 | 0.36 | 97.26 |
| 5 | Brazil | 1.92 | 0.06 | -98.32 |
| 6 | Italy | 0.08 | 0.00 | -89.02 |
| (Data Source: GTF) |
Table 4: Import Quantity and Unit Price of Vietnam’s Raw Silk from Major Sources (January – August 2024)
Quantity Unit: Ton
Unit Price: USD/Kg
| No. | Country/Region | Import Quantity | Year-on-Year (%) | Share (%) | Unit Price | Year-on-Year (%) |
| – | Global | 598.40 | -35.27 | 100.00 | 57.99 | -0.01 |
| 1 | China | 437.73 | -41.54 | 73.15 | 65.27 | 5.73 |
| 2 | Uzbekistan | 64.03 | -54.66 | 10.70 | 47.53 | 14.99 |
| 3 | India | 82.76 | 963.01 | 13.83 | 33.57 | -5.33 |
| 4 | Japan | 3.43 | -39.22 | 0.57 | 36.77 | 224.66 |
| 5 | Brazil | 0.35 | -98.14 | 0.06 | 55.00 | -9.51 |
| (Data Source: GTF) |
(Note: esilk.net statement: The publication of this article aims to provide more industry information, and the content is for reference only.)
The article paints a nuanced picture of Vietnam’s silk trade, with steady exports but challenges in imports. While market diversification and increased unit prices are positive signs, reliance on key markets and supply disruptions could hinder growth. Strategic actions in market expansion and quality focus could help strengthen Vietnam’s position in the global silk industry.
If you would like to learn more about fabric, craftsmanship, manufaturing process,or need further cooperation, please email us via the email address vip@docsunhomeandliving.com, or click the image below to visit our official website. Also you can visit Docsun Silk for Daily outfit guidance.
About Docsun Home and Living Co., Ltd
Founded in 2018, our company is located in Guangzhou with an abroad office located in Nottingham, the UK.
We are the expert in fabrics, needlecraft and design. Facilitated with a design studio, a workshop, fabric engineers and a quality control team all together within our office at one site, we provided high quality mulberry silk and silk blended products to our clients.
