United States Silk Trade Statistics from January to December 2024
In the previous article, we learned about the EU (27 countries) silk product import and export trade situation. Interested partners can click EU Silk Trade to view it. Today we will focus on the United States silk product import and export trade situation from January to December 2024.
According to the U.S. Department of Commerce, the total value of the U.S. silk goods trade from January to December 2024 was $5.482 billion, a decrease of 0.76% year-on-year. Among this, the exports amounted to $664 million, down 11.03%, and the imports reached $4.43 billion, showing no significant change from the previous year.
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United States Silk Trade Exports
Table 1: U.S. Exports of All Silk Goods to Major Markets (Jan – Dec 2024)
Unit: 10,000 USD
| Rank | Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 66,397.54 | 100.00 | -11.03 |
| 1 | Mexico | 22,139.11 | 33.34 | -1.71 |
| 2 | Canada | 13,009.29 | 19.59 | -1.23 |
| 3 | EU 27 Countries | 4,892.84 | 7.37 | -5.96 |
| 4 | Honduras | 3,743.09 | 5.64 | 4.90 |
| 5 | Nicaragua | 3,597.42 | 5.42 | -4.68 |
(Data Source: GTF)
Table 2: U.S. Export of Silk Fabrics to Major Markets
Unit: 10,000 USD
| Rank | Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 16,067.45 | 100.00 | -11.79 |
| 1 | Mexico | 4,756.12 | 29.60 | -17.35 |
| 2 | Honduras | 2,830.76 | 17.62 | -3.17 |
| 3 | Dominican Republic | 1,804.84 | 11.23 | -15.45 |
Table 3: U.S. Export of Silk Finished Products to Major Markets
Unit: 10,000 USD
| Rank | Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 50,275.20 | 100.00 | -10.51 |
| 1 | Mexico | 17,374.68 | 34.56 | 3.65 |
| 2 | Canada | 12,013.46 | 23.90 | -1.16 |
| 3 | EU 27 Countries | 4,604.89 | 9.16 | -4.37 |
United States Silk Trade Imports
Table 4: U.S. Import of All Silk Goods from Major Sources (Jan – Dec 2024)
Unit: 10,000 USD
| Rank | Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 481,825.26 | 100.00 | 0.84 |
| 1 | China | 152,539.13 | 31.66 | 2.66 |
| 2 | EU 27 Countries | 53,469.23 | 11.10 | -2.45 |
| 3 | India | 36,852.64 | 7.65 | 11.56 |
| 4 | Vietnam | 35,795.67 | 7.43 | 16.28 |
Table 5: U.S. Import of Raw Silk and Yarn from Major Sources
Unit: 10,000 USD
| Rank | Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 1,671.78 | 100.00 | 6.71 |
| 1 | China | 908.47 | 54.34 | 38.98 |
| 2 | EU 27 Countries | 156.22 | 9.34 | -45.90 |
Table 6: U.S. Import of Raw Silk and Yarn by Quantity
Unit: Tons, Price: USD/Kg
| Country | Qty (Tons) | YoY (%) | Unit Price |
|---|---|---|---|
| Global | 369.91 | 38.58 | 45.19 |
| China | 270.06 | 90.58 | 33.64 |
| EU 27 | 24.47 | -47.90 | 63.84 |
Table 7: U.S. Import of Silk Fabrics from Major Sources
Unit: 10,000 USD
| Rank | Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 19,667.17 | 100.00 | -6.89 |
| 1 | South Korea | 3,995.66 | 20.32 | -23.37 |
| 2 | China | 3,989.29 | 20.28 | 0.21 |
Table 8: U.S. Import of Silk Finished Products from Major Sources
Unit: 10,000 USD
| Rank | Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|---|
| — | Global | 460,486.31 | 100.00 | 1.18 |
| 1 | China | 147,641.37 | 32.06 | 2.56 |
| 2 | EU 27 Countries | 50,472.08 | 10.96 | -1.46 |
(Note: This article is published by esilk.net to provide more industry information and is for reference only.)
After reading the United States Silk Trade Statistics Report 2024, if you are interested in sourcing high-quality silk products or need contact us for custom solutions, Docsun Home and Living is here to help.
Frequently Asked Questions (FAQ)
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