India’s Silk Goods Trade Statistical Brief January-August 2024
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)
Unit: USD 10,000
| Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 236,177.00 | 100.00 | 13.53 |
| USA | 102,958.00 | 43.59 | 13.77 |
| EU (27 countries) | 43,468.00 | 18.40 | 7.43 |
| UAE | 18,544.00 | 7.85 | 26.77 |
| UK | 13,122.00 | 5.56 | 3.52 |
(Data Source: GTF)
Table 2: Export Value of Silk Yarn to Major Markets
Unit: USD 10,000
| Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 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
Unit: Tons, USD/Kg
| Country/Region | Export Volume | YoY (%) | Export Price |
|---|---|---|---|
| Total | 2,382.70 | 16.46 | 13.09 |
| China | 2,109.27 | 14.91 | 11.46 |
| Vietnam | 97.55 | 1152.25 | 30.86 |
Table 4: Export Value of Silk Fabric to Major Markets
Unit: USD 10,000
| Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 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
Unit: USD 10,000
| Country/Region | Export Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 216,245.00 | 100.00 | 12.17 |
| USA | 101,845.00 | 47.10 | 14.21 |
| EU (27 countries) | 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)
Unit: USD 10,000
| Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 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
Unit: USD 10,000
| Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 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
Unit: Tons, USD/Kg
| Country/Region | Import Volume | YoY (%) | Import Price |
|---|---|---|---|
| Total | 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
Unit: USD 10,000
| Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 11,695.00 | 100.00 | 17.77 |
| China | 8,526.00 | 72.90 | 41.53 |
| Hong Kong, China | 701.00 | 5.99 | 12.16 |
Table 10: Import Value of Silk Finished Products from Major Sources
Unit: USD 10,000
| Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|
| Total | 9,712.00 | 100.00 | -20.52 |
| China | 3,922.00 | 40.38 | -5.17 |
| Bangladesh | 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)
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