Main Market Trade Report of Genuine Silk Satin (2024)
Source: China Chamber of Commerce for Import and Export of Textiles
Author: Docsun Home And Living
Date: March 31, 2025
In the previous article, we learned about the US silk import and export trade data in January 2025. Interested friends can click USA‘s data to learn more. Today, this article focuses on the analysis of the Main Market Trade Report of Genuine Silk Satin (2024).
China, India, Turkey, the United States, Japan, Thailand, and the European Union are the most important participants in the global genuine silk satin trade. Based on data provided by “Global Trade Observation” (GTF), this silk satin trade report analyzes the 2024 trade situation to provide valuable insights. For industry professionals, understanding these trends alongside our Docsun Design Pattern standards is crucial for strategic planning.
Table of Contents
I. Overall Situation of Genuine Silk Satin Trade
According to GTF data, the total trade value of silk fabrics among the six countries and the EU in 2024 reached USD 3.591 billion, representing a year-on-year decrease of 1.04%. Of this, exports amounted to USD 2.209 billion (decrease of 4.43%), while imports totaled USD 1.382 billion (increase of 4.12%).
Among the main suppliers, the EU, Turkey, China, and India each had exports exceeding USD 200 million. Only India and Thailand achieved year-on-year export growth.
Table 1: Genuine Silk Satin Trade Statistics of the Six Countries and the EU in 2024
Unit: USD 10,000
| Country/Region | Total Trade Value | YoY Change (%) | Export Value | YoY Change (%) | Import Value | YoY Change (%) |
|---|---|---|---|---|---|---|
| Total | 359,058.04 | -1.04% | 220,907.00 | -4.43% | 138,151.04 | +4.12% |
| EU (27) | 133,818.11 | -3.25% | 72,880.54 | -4.44% | 60,937.57 | -1.78% |
| Turkey | 65,218.47 | -8.47% | 50,521.16 | -13.70% | 14,697.31 | +15.58% |
| India | 45,632.00 | +31.01% | 26,857.00 | +33.62% | 18,775.00 | +27.45% |
| China | 37,193.35 | -7.86% | 35,558.41 | -7.74% | 1,634.94 | -10.52% |
| USA | 35,734.62 | -9.16% | 16,067.45 | -11.79% | 19,667.17 | -6.89% |
| Thailand | 24,000.07 | +16.95% | 7,498.31 | +8.19% | 16,501.76 | +21.42% |
| Japan | 17,461.42 | -9.10% | 11,524.13 | -8.25% | 5,937.29 | -10.71% |
(Data Source: GTF)
II. Overview of Major Silk Fabric Export Suppliers
1. EU (27 countries)
In 2024, the EU’s silk fabrics export value was USD 729 million, a year-on-year decrease of 4.44%. Exports to Morocco and Sri Lanka grew by more than 10%, helping to stabilize the market.
Table 2: Export Value of EU (27 countries) Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| 1 | Tunisia | 10,939.29 | 15.01 | -14.90 |
| 2 | Morocco | 9,031.93 | 12.39 | +14.31 |
| 3 | Sri Lanka | 6,880.06 | 9.44 | +11.68 |
| 4 | China | 4,489.45 | 6.16 | +5.81 |
2. Turkey
In 2024, Turkey’s silk fabrics export value was USD 505 million, a decrease of 13.70%. Exports to Russia and Morocco saw growth.
Table 3: Export Value of Turkey’s Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| Total | 50,521.16 | 100.00 | -13.70 | |
| 1 | EU (27) | 17,928.91 | 35.49 | -15.68 |
| 2 | Belarus | 10,817.00 | 21.41 | -25.91 |
| 3 | Russia | 6,144.72 | 12.16 | +3.72 |
3. China
China’s silk fabrics export value was USD 356 million, a decrease of 7.74%. However, exports to Hong Kong, Turkey, and Malaysia showed growth.
Table 4: Export Value of China’s Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| Total | 35,558.41 | 100.00 | -7.74% | |
| 1 | EU (27) | 9,104.90 | 25.61% | -1.28% |
| 2 | India | 3,728.50 | 10.49% | -1.79% |
4. India
India’s export value increased by 33.62%. For those interested in premium Indian silk styles, our custom printing services offer similar high-quality options.
Table 5: Export Value of India’s Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| Total | 26,857.00 | 100.00 | +33.62% | |
| 1 | Sri Lanka | 8,037.00 | 29.93% | +17.83% |
| 2 | UAE | 7,162.00 | 26.67% | +88.82% |
| 3 | Bangladesh | 3,215.00 | 11.97% | +90.57% |
5. USA
USA’s silk fabrics export value decreased by 11.79%, though exports to El Salvador surged.
Table 6: Export Value of USA Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| Total | 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% |
6. Japan
Japan’s export value decreased by 8.25%, with declines in China and Vietnam markets.
Table 7: Export Value of Japan’s Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| Total | 11,524.13 | 100.00 | -8.25% | |
| 1 | China | 4,441.60 | 38.54% | -13.37% |
| 2 | Vietnam | 4,191.06 | 36.37% | -11.24% |
7. Thailand
Thailand’s export value increased by 8.19%. Explore our scarf collection to see the influence of Southeast Asian silk trends.
Table 8: Export Value of Thailand’s Silk Fabrics
| Rank | Country/Region | Export Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| Total | 74,983.10 | 100.00 | +8.19% | |
| 1 | Vietnam | 20,409.20 | 27.22% | +15.09% |
| 2 | Bangladesh | 7,425.90 | 9.90% | +87.46% |
III. Overview of Major Silk Fabric Import Markets
1. EU (27 countries)
EU imports reached USD 609 million. China remains the largest source.
Table 9: Import Value of EU’s (27 countries) Silk Fabrics
| Rank | Country/Region | Import Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| 1 | China | 25,614.68 | 42.03% | +9.86% |
| 2 | Turkey | 16,936.74 | 27.79% | -11.83% |
2. USA
USA imports were USD 197 million. South Korea and China are the top sources.
Table 10: Import Value of USA’s Silk Fabrics
| Rank | Country/Region | Import Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| 1 | South Korea | 3,995.66 | 20.32% | -23.37% |
| 2 | China | 3,989.29 | 20.28% | +0.21% |
3. India
India saw a 27.45% increase in imports, driven by strong demand from China.
Table 11: Import Value of India’s silk fabrics
| Rank | Country/Region | Import Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| 1 | China | 13,376.00 | 71.24% | +42.27% |
| 2 | Sri Lanka | 1,097.00 | 5.84% | -29.04% |
4. Thailand
Thailand’s imports grew by 21.42%, with China being the dominant source.
5. Turkey
Turkey’s imports increased by 15.58%.
6. Japan
Japan’s imports decreased by 10.71%.
7. China
China’s imports decreased by 10.52%.
Table 15: Import Value of China’s Silk Fabrics
| Rank | Country/Region | Import Value | Share (%) | YoY Change (%) |
|---|---|---|---|---|
| 1 | EU (27) | 783.58 | 47.93% | +0.85% |
| 2 | Switzerland | 196.27 | 12.00% | -5.76% |
IV. Key Features
- Overall trade and export values declined, while import values increased.
- Only India and Thailand achieved growth in both imports and exports.
- The silk fabric export markets and import sources for each participant were relatively concentrated.
- There were significant fluctuations in exports to individual major markets and imports from major sources for both the six countries and the EU.
FAQ: Market Insights
What was the total global trade value of silk fabrics in 2024?
The total trade value of silk fabrics among the six major countries and the EU reached 3.591 billion USD in 2024, a slight decrease of 1.04% year-on-year.
Which countries saw growth in silk fabric exports in 2024?
Only India and Thailand achieved year-on-year export growth, with India increasing by 33.62% and Thailand by 8.19%.
Where can I find high-quality silk satin suppliers?
Contact us at Docsun Home and Living for premium silk satin sourcing and manufacturing.
(esilk.net Disclaimer: The publication of this article is for the purpose of providing more industry information, and the content is for reference only.)
