Source: China National Textile and Apparel Council
Author: Silk Department
Date: November 12, 2024, 13:45:06
In the previous article, we explored the trade situation of Italian silk goods, providing a detailed analysis of Italy’s silk exports and imports, as well as the performance across different markets and product categories. Interested readers can check out the previous article for more information. This article focuses on the trade of Australian silk goods from January to September 2024, covering both the export and import data of Australian silk products.
According to the statistics from the Australian Bureau of Statistics, from January to September 2024, Australia’s total trade volume in silk goods was USD 575 million, an increase of 3.31% year-on-year. Of this, exports totaled USD 47.47 million, a decrease of 5.34%, while imports were USD 527 million, an increase of 4.17%. (See the attached table for details.)
Exports:
Table 1: Export Volume of All Australian Silk Goods to Major Markets (January – September 2024)
Unit: USD 10,000
| Country/Region | Export Value | Percentage (%) | Year-on-Year (%) |
| Total | 47,476.7 | 100.00 | -5.34 |
| New Zealand | 15,830.1 | 33.34 | -5.22 |
| United States | 10,428.1 | 21.96 | 16.73 |
| European Union (27 countries) | 4,870.7 | 10.26 | 1.27 |
| Singapore | 2,482.4 | 5.23 | 3.31 |
| Hong Kong, China | 2,223.8 | 4.68 | -18.64 |
| United Kingdom | 2,071.5 | 4.36 | -23.15 |
| United Arab Emirates | 1,101.8 | 2.32 | -31.10 |
| Chile | 1,053.2 | 2.22 | 682.57 |
| Canada | 867.2 | 1.83 | 21.32 |
| Papua New Guinea | 695.5 | 1.47 | -60.04 |
| (Data Source: GTF) |
Table 2: Export Volume of Australian Raw Silk to Major Markets (January – September 2024)
Unit: USD 10,000
| Country/Region | Export Value | Percentage (%) | Year-on-Year (%) |
| Total | 6.78 | 100.00 | -65.47 |
| Malaysia | 4.94 | 72.85 | 46937.14 |
| Thailand | 0.85 | 12.59 | 8793.75 |
| New Zealand | 0.80 | 11.82 | 444.50 |
| (Data Source: GTF) |
Table 3: Export Quantity of Australian Raw Silk to Major Markets (January – September 2024)
Unit: Ton, USD/Kg
| Country/Region | Export Quantity | Year-on-Year (%) | Export Price (USD/Kg) | Year-on-Year (%) |
| Total | 0.56 | 141.43 | 120.76 | -85.70 |
| New Zealand | 0.26 | 28.38 | 30.45 | 324.14 |
| Thailand | 0.19 | 187900.00 | 45.41 | -95.27 |
| Malaysia | 0.08 | 580.25 | 605.03 | 6814.68 |
| (Data Source: GTF) |
Table 4: Export Value of Australian Silk Fabrics to Major Markets (January – September 2024)
Unit: USD 10,000
| Country/Region | Export Value | Percentage (%) | Year-on-Year (%) |
| Total | 202.30 | 100.00 | -41.64 |
| Chile | 104.88 | 51.84 | 815.56 |
| New Zealand | 39.88 | 19.72 | 118.40 |
| Vietnam | 7.17 | 3.54 | 152.65 |
| Thailand | 5.84 | 2.89 | 189.44 |
| Fiji | 5.04 | 2.49 | -95.21 |
| (Data Source: GTF) |
Table 5: Export Value of Australian Finished Silk Products to Major Markets (January – September 2024)
Unit: USD 10,000
| Country/Region | Export Value | Percentage (%) | Year-on-Year (%) |
| Total | 45,386.0 | 100.00 | -2.37 |
| New Zealand | 15,423.3 | 33.98 | -6.63 |
| United States | 10,382.5 | 22.88 | 17.10 |
| European Union (27 countries) | 4,850.3 | 10.69 | 12.83 |
| Singapore | 2,462.0 | 5.42 | 6.23 |
| Hong Kong, China | 2,179.2 | 4.80 | -16.36 |
| United Kingdom | 2,063.7 | 4.55 | -22.11 |
| United Arab Emirates | 1,098.7 | 2.42 | -12.99 |
| (Data Source: GTF) |
Imports:
Table 6: Import Value of All Australia’s Silk Goods from Major Sources (January – September 2024)
Unit: USD 10,000
| Country/Region | Import Value | Percentage (%) | Year-on-Year (%) |
| Total | 52,716.2 | 100.00 | 4.17 |
| China | 34,222.2 | 64.92 | 6.14 |
| Vietnam | 3,575.1 | 6.78 | 57.23 |
| European Union (27 countries) | 3,417.8 | 6.48 | -12.08 |
| India | 3,244.4 | 6.15 | -6.36 |
| Bangladesh | 2,015.4 | 3.82 | -5.74 |
| Indonesia | 1,530.0 | 2.90 | 25.01 |
| Sri Lanka | 749.4 | 1.42 | -8.20 |
| Cambodia | 671.4 | 1.27 | 26.85 |
| Pakistan | 447.6 | 0.85 | -13.34 |
| Thailand | 372.5 | 0.71 | 26.30 |
| (Data Source: GTF) |
Table 7: Import Value of Australia’s Raw Silk from Major Sources (January – September 2024)
Unit: USD 10,000
| Country/Region | Import Value | Percentage (%) | Year-on-Year (%) |
| Total | 8.96 | 100.00 | 4.24 |
| China | 3.17 | 35.38 | -24.27 |
| European Union (27 countries) | 1.78 | 19.82 | -31.40 |
| United States | 1.42 | 15.82 | 67.28 |
| (Data Source: GTF) |
Table 8: Import Quantity of Australia’s Raw Silk from Major Sources (January – September 2024)
Unit: Ton, USD/Kg
| Country/Region | Import Quantity | Year-on-Year (%) | Import Price (USD/Kg) | Year-on-Year (%) |
| Total | 1.63 | 107.93 | 55.01 | -49.87 |
| United Kingdom | 0.50 | – | 14.64 | – |
| China | 0.44 | -25.81 | 71.37 | 2.08 |
| European Union (27 countries) | 0.40 | 445.22 | 44.25 | -87.42 |
| (Data Source: GTF) |
Table 9: Import Value of Australia’s Silk Fabrics from Major Sources (January – September 2024)
Unit: USD 10,000
| Country/Region | Import Value | Percentage (%) | Year-on-Year (%) |
| Total | 1,239.66 | 100.00 | -19.95 |
| China | 576.83 | 46.53 | -11.68 |
| European Union (27 countries) | 183.11 | 14.77 | -19.42 |
| South Korea | 157.55 | 12.71 | -29.80 |
| United Kingdom | 90.00 | 7.26 | -21.46 |
| India | 82.79 | 6.68 | -3.10 |
| Taiwan | 77.47 | 6.25 | -22.69 |
| (Data Source: GTF) |
Table 10: Import Value of Australia’s Finished Silk Products from Major Sources (January – September 2024)
Unit: USD 10,000
| Country/Region | Import Value | Percentage (%) | Year-on-Year (%) |
| Total | 51,467.6 | 100.00 | 4.93 |
| China | 33,642.2 | 65.37 | 6.51 |
| Vietnam | 3,557.97 | 6.91 | 57.64 |
| European Union (27 countries) | 3,232.9 | 6.28 | -11.61 |
| India | 3,161.1 | 6.14 | -6.46 |
| Bangladesh | 2,015.4 | 3.92 | -5.74 |
| Indonesia | 1,530.0 | 2.97 | 26.58 |
| Sri Lanka | 749.4 | 1.46 | -8.20 |
| Cambodia | 671.4 | 1.30 | 26.85 |
| (Data Source: GTF) |
(Note: esilk.net statement: The publication of this article aims to provide more industry information, and the content is for reference only.)
This article provides a detailed analysis of Australia’s silk goods trade from January to September 2024, covering both export and import data. It highlights key trends, such as the overall growth in trade volume, despite a decline in exports, particularly in raw silk and silk fabrics. However, there was positive growth in silk finished products and certain markets, like Chile and the United States. On the import side, Australia continued to rely heavily on silk imports from countries like China and Vietnam, with a stable increase in overall imports. To learn more about silk products, follow the DOCSUN blog. If you’re interested in silk products, visit our website: https://www.docsunhomeandliving.com/.
