Source: China Chamber of Commerce for Import and Export of Textiles
Author: Silk Department
Date: December 26, 2024
In the previous article, we learned about Italy’s silk trade data for January to October 2024.https://blog.docsunhomeandliving.com/italy-silk-trade-statistics-brief-for-2024-january-october/ Today, let’s dive deeper into the silk trade data of Vietnam for January to October 2024.
According to GTF statistics, from January to October 2024, Vietnam’s international trade volume of silk products reached $147 million, a year-on-year decrease of 14.17%. Among this, the export value was $105 million, representing a year-on-year increase of 1.40%, while the import value was $41.73 million, showing a year-on-year decline of 38.09% (see attached table for details).
Table 1: Export Value of Vietnam’s Raw Silk Products to Major Markets (January to October 2024)
Unit: USD 10,000
| No. | Partner Country/Region | Export Value | Market Share (%) | YoY (%) |
| — | Global | 10,495.57 | 100.00 | 1.40 |
| 1 | India | 6,619.36 | 63.07 | -0.43 |
| 2 | Japan | 1,864.94 | 17.77 | 4.51 |
| 3 | Laos | 985.74 | 9.39 | 24.88 |
| 4 | Thailand | 264.91 | 2.52 | 55.08 |
| 5 | China | 194.58 | 1.85 | -1.36 |
| 6 | Hong Kong, China | 161.67 | 1.54 | -30.96 |
| 7 | Cambodia | 136.03 | 1.30 | – |
| 8 | Taiwan, China | 32.63 | 0.31 | 90.59 |
| 9 | Unknown Countries/Regions | 235.70 | 2.25 | -53.11 |
(Source: GTF)
Table 2: Export Volume and Unit Price of Vietnam’s Raw Silk Products to Major Markets (January to October 2024)
Volume Unit: Tons | Unit Price: USD/Kg
| No. | Country/Region | Export Volume (Tons) | YoY (%) | Share (%) | Unit Price (USD/Kg) | YoY (%) |
| — | Global | 1,996.34 | -3.16 | 100.00 | 52.57 | 4.71 |
| 1 | India | 1,037.46 | -1.07 | 51.97 | 63.77 | 0.69 |
| 2 | China | 264.80 | -10.03 | 13.26 | 7.35 | 9.64 |
| 3 | Laos | 236.28 | 27.10 | 11.84 | 41.72 | -1.75 |
| 4 | Japan | 214.11 | -16.95 | 10.72 | 87.10 | 25.83 |
| 5 | Thailand | 118.50 | 33.37 | 5.94 | 22.35 | 16.28 |
| 6 | Cambodia | 27.25 | – | 1.37 | 49.92 | – |
| 7 | Hong Kong, China | 25.31 | -30.59 | 1.27 | 63.88 | -0.54 |
| 8 | Taiwan, China | 5.12 | 86.28 | 0.26 | 63.72 | 2.32 |
| 9 | Unknown Countries/Regions | 62.39 | -53.97 | 3.13 | 37.78 | 1.86 |
(Source: China Customs)
Table 3: Import Value of Vietnam’s Raw Silk Products from Major Sources (January to October 2024)
Unit: USD 10,000
| No. | Partner Country/Region | Import Value | Share (%) | YoY (%) |
| — | Global | 4,172.76 | 100.00 | -38.09 |
| 1 | China | 3,398.07 | 81.43 | -40.60 |
| 2 | Uzbekistan | 394.48 | 9.45 | -48.60 |
| 3 | India | 355.84 | 8.53 | 834.45 |
| 4 | Japan | 18.01 | 0.43 | 147.95 |
| 5 | Brazil | 6.27 | 0.15 | -96.31 |
| 6 | Italy | 0.08 | 0.00 | -91.37 |
(Source: GTF)
Table 4: Import Volume and Unit Price of Vietnam’s Raw Silk Products from Major Sources (January to October 2024)
Volume Unit: Tons | Unit Price: USD/Kg
| No. | Country/Region | Import Volume (Tons) | YoY (%) | Share (%) | Unit Price (USD/Kg) | YoY (%) |
| — | Global | 724.38 | -38.05 | 100.00 | 57.60 | -0.07 |
| 1 | China | 519.44 | -44.50 | 71.71 | 65.11 | 6.53 |
| 2 | India | 104.09 | 912.01 | 14.37 | 34.18 | -7.66 |
| 3 | Uzbekistan | 84.80 | -53.36 | 11.71 | 46.52 | 10.20 |
| 4 | Japan | 5.00 | -23.17 | 0.69 | 35.99 | 222.83 |
| 5 | Brazil | 0.95 | -96.54 | 0.13 | 65.77 | 6.74 |
(Source: GTF)
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