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India’s Silk Goods Trade Statistical Brief January-August 2024


India's Silk Goods Trade Statistics Jan-Aug 2024

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In the previous blog, we discussed the sales of silk products in Japan. Interested readers can check out the previous article: Japan Silk Trade Data. In this blog, we’ll focus on the sales performance in India from January to August 2024.

According to the statistics from the Indian Ministry of Commerce and Industry, the country’s total trade in this sector reached USD 2.667 billion, a year-on-year increase of 10.03%. Of this, exports accounted for USD 2.362 billion, up 13.53% year-on-year, while imports stood at USD 305 million, down 11.05% year-on-year.

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India’s Silk Goods Trade Statistics: Exports

Table 1: Exports of Silk Goods to Major Markets (Jan-Aug 2024)

Einheit: 10.000 USD

Land/Region Exportwert Aktie (%) YoY (%)
Insgesamt 236,177.00 100.00 13.53
USA 102,958.00 43.59 13.77
EU (27 Länder) 43,468.00 18.40 7.43
UAE 18,544.00 7.85 26.77
UK 13,122.00 5.56 3.52

(Datenquelle: GTF)

Table 2: Export Value of Silk Yarn to Major Markets

Einheit: 10.000 USD

Land/Region Exportwert Aktie (%) YoY (%)
Insgesamt 3,120.00 100.00 28.18
China 2,417.00 77.47 23.44
Vietnam 301.00 9.65 975.00

Table 3: Export Quantity of Silk Yarn to Major Markets

Einheit: Tonnen, USD/Kg

Land/Region Volumen exportieren YoY (%) Ausfuhrpreis
Insgesamt 2,382.70 16.46 13.09
China 2,109.27 14.91 11.46
Vietnam 97.55 1152.25 30.86


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Table 4: Export Value of Silk Fabric to Major Markets

Einheit: 10.000 USD

Land/Region Exportwert Aktie (%) YoY (%)
Insgesamt 16,812.00 100.00 31.10
Sri Lanka 5,334.00 31.73 22.28
UAE 4,298.00 25.57 81.50

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

Einheit: 10.000 USD

Land/Region Exportwert Aktie (%) YoY (%)
Insgesamt 216,245.00 100.00 12.17
USA 101,845.00 47.10 14.21
EU (27 Länder) 42,276.00 19.55 7.92

India Silk Trade Statistics: Imports

Table 6: Import Value of All Silk Goods from Major Sources (Jan-Aug 2024)

Einheit: 10.000 USD

Land/Region Wert importieren Aktie (%) YoY (%)
Insgesamt 30,473.00 100.00 -11.15
China 15,099.00 49.55 2.05
Vietnam 7,402.00 24.29 -12.52

Table 7: Import Value of Silk Yarn from Major Sources

Einheit: 10.000 USD

Land/Region Wert importieren Aktie (%) YoY (%)
Insgesamt 9,066.00 100.00 -25.37
Vietnam 6,326.00 69.78 -13.29
China 2,651.00 29.24 -42.82

Table 8: Import Quantity of Silk Yarn from Major Sources

Einheit: Tonnen, USD/Kg

Land/Region Volumen importieren YoY (%) Einfuhrpreis
Insgesamt 1,613.69 -27.96 56.18
Vietnam 1,000.74 -12.95 63.21
China 599.88 -42.92 44.19

Table 9: Import Value of Silk Fabric from Major Sources

Einheit: 10.000 USD

Land/Region Wert importieren Aktie (%) YoY (%)
Insgesamt 11,695.00 100.00 17.77
China 8,526.00 72.90 41.53
Hongkong, China 701.00 5.99 12.16

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

Einheit: 10.000 USD

Land/Region Wert importieren Aktie (%) YoY (%)
Insgesamt 9,712.00 100.00 -20.52
China 3,922.00 40.38 -5.17
Bangladesch 2,364.00 24.34 -42.44

(Note: This article is published by esilk.net to convey more industry information, and the content is for reference only.)

After reading the India Silk Goods Trade Statistical Brief, if you are interested in silk products or need customization services, please contact us.

Frequently Asked Questions (FAQ)

What was the total value of India’s silk trade from Jan to Aug 2024?
From January to August 2024, India’s silk goods trade reached USD 2.667 billion, a year-on-year increase of 10.03%.
Which country is the largest export market for Indian silk?
The United States is the largest export market, accounting for 43.59% of India’s total silk exports.
Who is the main supplier of silk goods to India?
China is the main supplier, accounting for 49.55% of India’s total silk product imports.


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