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Report of India Silk Trade Data for January to October 2024

Source: China National Textile and Apparel Council
Author: Docsun Home and Living
Date: December 25, 2024


India Silk Trade Data Overview

India Silk Trade Overview. View our scarf collection.

In the previous article, we explored the trade analysis of silk products in Turkey. Interested friends can click the link to view: Turkey Silk Trade Data. Now, let’s focus on the trade analysis of silk products in India from January to October 2024.

According to the statistics from the Ministry of Commerce and Industry of India, from January to October 2024, the total trade value of India’s silk products reached 3.356 billion USD, marking a year-on-year increase of 13.04%. Among this, exports totaled 2.956 billion USD, an increase of 15.95%, while imports amounted to 400 million USD, showing a decline of 4.63%.

India remains a global hub for silk. At Docsun Home and Living, we track these trends to offer the best services.

India Silk Trade Exports

Table 1: All Indian Silk Products Export Value to Major Markets (Jan-Oct 2024)

Unit: 10,000 USD

Country/Region Export Value Share (%) YoY Growth (%)
Total 295,600.00 100.00 15.95
United States 127,991.00 43.30 15.40
EU (27 countries) 52,126.00 17.63 10.00
UAE 24,827.00 8.40 31.99
United Kingdom 16,003.00 5.41 5.19

(Data Source: GTF)


Indian Raw Silk Exports

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Table 2: Indian Raw Silk Products Export Value to Major Markets

Unit: 10,000 USD

Country/Region Export Value Share (%) YoY Growth (%)
Total 36,820.00 100.00 14.95
China 27,980.00 75.99 5.51
Vietnam 3,390.00 9.21 636.96

Table 3: Indian Raw Silk Products Export Quantity to Major Markets

Unit: Ton, USD/kg

Country/Region Quantity YoY (%) Price
Total 2,536.83 -7.26 14.51
China 2,239.90 -9.76 12.49
Vietnam 97.55 693.73 34.75

Table 4: Indian Silk Fabrics Export Value to Major Markets

Unit: 10,000 USD

Country/Region Export Value Share (%) YoY Growth (%)
Total 22,604.00 100.00 33.91
Sri Lanka 7,068.00 31.27 26.30
UAE 5,869.00 25.96 71.31

Table 5: Indian Silk Finished Products Export Value to Major Markets

Unit: 10,000 USD

Country/Region Export Value Share (%) YoY Growth (%)
Total 269,314.00 100.00 14.67
United States 126,573.00 47.00 15.80
EU (27 countries) 50,620.00 18.80 10.39

India Silk Trade Imports

Table 6: All India Silk Products Import Value from Major Sources (Jan-Oct 2024)

Unit: 10,000 USD

Country/Region Import Value Share (%) YoY Growth (%)
Total 39,988.00 100.00 -4.63
China 19,637.00 49.11 3.60
Vietnam 9,600.00 24.01 -6.33

Table 7: Indian Raw Silk Products Import Value from Major Sources

Unit: 10,000 USD

Country/Region Import Value Share (%) YoY Growth (%)
Total 11,678.00 100.00 -22.12
Vietnam 8,226.00 70.44 -6.34
China 3,346.00 28.65 -43.90

Table 8: India Raw Silk Products Imports by Quantity

Unit: Tons, USD/Kg

Country/Region Quantity YoY (%) Price
Total 1,841.97 -33.65 63.40
Vietnam 1,151.01 -16.42 71.47
China 672.49 -50.36 49.76

Table 9: India Silk Fabrics Import Value from Major Sources

Unit: 10,000 USD

Country/Region Import Value Market Share (%) YoY Growth (%)
Total 15,503.00 100.00 27.81
China 11,051.00 71.28 46.70
Sri Lanka 953.00 6.15 -31.09

Table 10: Indian Silk Finished Products Import Value from Major Sources

Unit: 10,000 USD

Country/Region Import Value Market Share (%) YoY Growth (%)
Total 12,807.00 100.00 -13.50
China 5,240.00 40.92 -3.98
Bangladesh 3,536.00 27.61 -24.81

(Data Source: GTF. Note: This article is published by esilk.net to provide more industry information and is for reference only.)

After reading the India Silk Trade Data Report, if you are looking for custom printing or other services, please contact us.

Frequently Asked Questions (FAQ)

What was the total value of India’s silk exports in Jan-Oct 2024?
India’s silk exports totaled $2.956 billion from January to October 2024, an increase of 15.95% year-on-year.
Which country is India’s largest market for silk exports?
The United States is the largest export market, accounting for 43.30% of India’s total silk exports.
Who is the main supplier of raw silk to India?
Vietnam is the main supplier of raw silk to India, accounting for over 70% of imports in this category.


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