India Silk Goods Trade Statistics January – December 2024
Source: China Chamber of Commerce for Import and Export of Textiles
Author: Docsun Home and Living
Date: March 14, 2025
Table of Contents
In the previous article, we learned about Brazil’s silk product trade from January to February 2025. Interested friends can click Brazil’s silk to learn more. Today, we will focus on India Silk Goods Trade Statistics from January to December 2024. As a leader in the industry, Docsun Home and Living closely monitors these global market trends to better serve our clients.
According to statistics from the Ministry of Commerce and Industry of India, from January to December 2024, India’s total foreign trade in silk goods reached USD 4.005 billion, reflecting a 12.91% year-on-year increase. Among this, exports amounted to USD 3.523 billion, growing by 15.67% year-on-year, while imports totaled USD 482 million, declining by 3.84% year-on-year. These figures highlight the dynamic nature of the market, much like our diverse scarf collection.
India Silk Goods Trade Statistics Exports
Table 1: Export of India’s All Silk Goods to Major Markets by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Export Value | Share (%) | YoY Growth (%) |
| Total | 352,272.00 | 100.00 | 15.67 |
| United States | 151,885.00 | 43.12 | 14.89 |
| European Union (27 countries) | 63,487.00 | 18.02 | 12.83 |
| United Arab Emirates | 30,090.00 | 8.54 | 37.57 |
| United Kingdom | 18,629.00 | 5.29 | 4.50 |
| Australia | 9,065.00 | 2.57 | 32.10 |
| Sri Lanka | 8,903.00 | 2.53 | 17.22 |
| Canada | 8,627.00 | 2.45 | 12.55 |
| Saudi Arabia | 6,277.00 | 1.78 | -4.17 |
(Source: GTF)
Table 2: Export of India’s Raw Silk and Yarn to Major Markets by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Export Value | Share (%) | YoY Growth (%) |
| Total | 4,181.00 | 100.00 | 5.21 |
| China | 3,188.00 | 76.25 | -3.98 |
| Vietnam | 373.00 | 8.92 | 354.88 |
| European Union (27 countries) | 204.00 | 4.88 | -15.00 |
| United States | 145.00 | 3.47 | 64.77 |
| Nepal | 118.00 | 2.82 | 6.31 |
(Source: GTF)
Table 3: Export of India’s Raw Silk and Yarn to Major Markets by Volume (January – December 2024)
(Unit: Tons, USD/kg)
| Country/Region | Export Volume | YoY Growth (%) | Export Price | YoY Growth (%) |
| Total | 2,921.58 | -14.63 | 14.31 | 23.24 |
| China | 2,582.82 | -17.05 | 12.34 | 15.76 |
| Vietnam | 105.22 | 408.55 | 35.45 | -10.55 |
| Bangladesh | 69.20 | -38.00 | 1.30 | 81.46 |
| Nepal | 65.23 | -12.21 | 18.09 | 21.09 |
| European Union (27 countries) | 37.46 | -26.01 | 54.46 | 14.88 |
(Source: GTF)
Table 4: Export of India’s Silk Fabrics to Major Markets by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Export Value | Share (%) | YoY Growth (%) |
| Total | 26,857.00 | 100.00 | 33.62 |
| Sri Lanka | 8,037.00 | 29.93 | 17.83 |
| United Arab Emirates | 7,162.00 | 26.67 | 88.82 |
| Bangladesh | 3,215.00 | 11.97 | 90.57 |
| United States | 1,571.00 | 5.85 | -11.04 |
| European Union (27 countries) | 1,546.00 | 5.76 | 1.05 |
| Kenya | 807.00 | 3.00 | 154.57 |
| Singapore | 726.00 | 2.70 | 50.62 |
(Source: GTF)
Table 5: Export of India’s Silk Finished Products to Major Markets by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Export Value (USD 10,000) | Share (%) | YoY Growth (%) |
| Total | 321,234.00 | 100.00 | 14.53 |
| United States | 150,169.00 | 46.75 | 15.21 |
| European Union (27 countries) | 61,737.00 | 19.22 | 13.28 |
| United Arab Emirates | 22,928.00 | 7.14 | 26.86 |
| United Kingdom | 18,110.00 | 5.64 | 4.70 |
| Australia | 8,934.00 | 2.78 | 33.05 |
| Canada | 8,510.00 | 2.65 | 12.89 |
| Saudi Arabia | 6,175.00 | 1.92 | -4.91 |
| Mexico | 3,183.00 | 0.99 | 21.12 |
| Tanzania | 3,056.00 | 0.95 | 87.03 |
(Source: GTF)
India Silk Goods Trade Statistics Imports
Table 6: Import of India’s All Silk Goods from Major Sources by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Import Value | Share (%) | YoY Growth (%) |
| Total | 48,200.00 | 100.00 | -3.84 |
| China | 23,642.00 | 49.05 | 4.26 |
| Vietnam | 11,782.00 | 24.44 | -6.22 |
| Bangladesh | 4,186.00 | 8.68 | -21.39 |
| European Union (27 countries) | 2,152.00 | 4.46 | 23.32 |
| Sri Lanka | 1,342.00 | 2.78 | -24.31 |
| Hong Kong, China | 1,341.00 | 2.78 | 15.80 |
| Taiwan, China | 653.00 | 1.35 | 29.82 |
(Source: GTF)
Table 7: Import of India’s Raw Silk and Yarn from Major Sources by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Import Value (USD 10,000) | Share (%) | YoY Growth (%) |
| Total | 14,223.00 | 100.00 | -21.22 |
| Vietnam | 10,041.00 | 70.60 | -6.19 |
| China | 4,032.00 | 28.35 | -42.51 |
| Brazil | 126.00 | 0.89 | -29.61 |
(Source: GTF)
Table 8: Import of India’s Raw Silk and Yarn from Major Sources by Volume (January – December 2024)
(Unit: Tons, USD/kg)
| Country/Region | Import Volume (Tons) | YoY Growth (%) | Import Price (USD/kg) | YoY Growth (%) |
| Total | 2,318.81 | -30.06 | 61.34 | 12.65 |
| Vietnam | 1,434.08 | -14.25 | 70.02 | 9.40 |
| China | 856.63 | -45.95 | 47.07 | 6.36 |
| Brazil | 18.23 | -34.33 | 69.12 | 7.19 |
(Source: GTF)
Table 9: Import of India’s Silk Fabrics from Major Sources by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Import Value (USD 10,000) | Share (%) | YoY Growth (%) |
| Total | 18,775.00 | 100.00 | 27.45 |
| China | 13,376.00 | 71.24 | 42.27 |
| Sri Lanka | 1,097.00 | 5.84 | -29.04 |
| Hong Kong, China | 1,019.00 | 5.43 | 9.33 |
| Vietnam | 1,002.00 | 5.34 | 6.48 |
| Taiwan, China | 650.00 | 3.46 | 34.02 |
| European Union (27 countries) | 584.00 | 3.11 | 79.14 |
(Source: GTF)
Table 10: Import of India’s Silk Finished Products from Major Sources by Value (January – December 2024)
(Unit: USD 10,000)
| Country/Region | Import Value | Share (%) | YoY Growth (%) |
| Total | 15,202.00 | 100.00 | -12.33 |
| China | 6,234.00 | 41.01 | -0.40 |
| Bangladesh | 4,152.00 | 27.31 | -21.50 |
| European Union (27 countries) | 1,566.00 | 10.30 | 10.36 |
| Vietnam | 739.00 | 4.86 | -19.67 |
| United Arab Emirates | 327.00 | 2.15 | -77.65 |
| Hong Kong, China | 321.00 | 2.11 | 92.22 |
(Source: GTF)
After reading the India silk trade statistics, if you are looking for high-quality silk manufacturing, DOCSUN specializes in custom printing services. Whether you need unique designs or bulk orders, we are here to help.
Frequently Asked Questions (FAQ)
What was the total value of India’s silk trade in 2024?
In 2024, India’s total foreign trade in silk goods reached USD 4.005 billion, which represents a 12.91% increase compared to the previous year.
Which country is the largest export market for Indian silk goods?
The United States is the largest market, accounting for 43.12% of India’s total silk exports, followed by the European Union and the UAE.
Where does India import raw silk from?
Vietnam is the leading supplier of raw silk and yarn to India, accounting for over 70% of the import value in that specific category.
Disclaimer
(Statement from esilk.net: This article is published to share industry-related information. The content is for reference only.)
Do you want to know more about the production process of silk products? Visit scarf custom cases to learn about our success stories. DOCSUN specializes in customizing various silk products. If you have any questions, please send us a message or contact our team directly. We welcome global customers to consult and customize.
