Statistics of Vietnam Silk Trade January to August 2024
In the previous article, we learned about Brazil’s silk trade. Interested readers can click this link to check it out: Statistics of Brazil Silk Goods Trade. Now, we will focus on analyzing Vietnam’s silk trade from January to August 2024.
According to GTF statistics, from January to August 2024, Vietnam’s total trade volume in silk products was USD 118 million, a decrease of 14.14% year-on-year. Among this, exports totaled USD 83.40 million, a decrease of 0.64%, and imports were USD 34.70 million, a decrease of 35.28%.
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Vietnam Silk Trade Exports
Table 1: Export Value of Vietnamese Raw Silk Products to Major Markets
Unit: 10,000 USD
| Partner Country/Region | Export Value | Market Share (%) | YoY (%) |
|---|---|---|---|
| Global | 8340.02 | 100.00 | -0.64 |
| India | 5167.58 | 61.96 | -7.86 |
| Japan | 1581.15 | 18.96 | 13.61 |
| Laos | 805.24 | 9.66 | 40.68 |
| Thailand | 238.05 | 2.85 | 65.12 |
(Data Source: GTF)
Table 2: Export Quantity and Unit Price of Vietnamese Raw Silk
Unit: Tons, USD/Kg
| Country/Region | Export Quantity | YoY (%) | Unit Price |
|---|---|---|---|
| Global | 1568.61 | -5.00 | 53.17 |
| India | 812.31 | -8.66 | 63.62 |
| China | 199.84 | -3.55 | 6.27 |
| Laos | 184.42 | 37.90 | 43.66 |
(Data Source: China Customs)
Vietnam Silk Trade Imports
Table 3: Import Value of Vietnam’s Raw Silk Products from Major Sources
Unit: 10,000 USD
| Partner Country/Region | Import Value | Share (%) | YoY (%) |
|---|---|---|---|
| Global | 3470.07 | 100.00 | -35.28 |
| China | 2873.30 | 82.80 | -37.84 |
| Uzbekistan | 304.35 | 8.77 | -47.87 |
| India | 277.80 | 8.01 | 906.35 |
Table 4: Import Quantity and Unit Price of Vietnam’s Raw Silk
Unit: Tons, USD/Kg
| Country/Region | Import Quantity | YoY (%) | Unit Price |
|---|---|---|---|
| Global | 598.40 | -35.27 | 57.99 |
| China | 437.73 | -41.54 | 65.27 |
| Uzbekistan | 64.03 | -54.66 | 47.53 |
(Note: This article is published by esilk.net to provide more industry information, and the content is for reference only.)
The article paints a nuanced picture of Vietnam’s silk trade, with steady exports but challenges in imports. While market diversification and increased unit prices are positive signs, reliance on key markets and supply disruptions could hinder growth. Strategic actions in market expansion and quality focus could help strengthen Vietnam’s position in the global silk industry. If you have questions about the market, please contact us.
Frequently Asked Questions (FAQ)
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