Return1. Silk product trade in January
According to statistics from the Ministry of Commerce and Industry of India, the trade value of silk products in January was 312 million US dollars, falling 2.46% from the previous month and 5.1% from the same period last year. Among them, the import value was 46.37 million US dollars, increasing 4.39% month-on-month and 43.38% year-on-year; the export value was 266 million US dollars, with a drop of 3.56% on a monthly basis and a decrease of 10.38% from the year earlier. The specific product composition was as follows:
Import: The amount of silk filament was 13.46 million US dollars, down by 21.93% month-on-month and 3.03% YOY, with whose quantity dropping 21.01% from the previous month and 19.68% from the year earlier to 249.15 tons; the amount of silk fabrics was 19.68 million dollars, jumping 14.02% and 101.23% from the previous month and year respectively; The amount of silk madeups was 13.23 million US dollars, up by 33.37% from the previous month and 52.42% YOY.
The major sources of imports were China (21.35 million US dollars, up 42.24% , accounting for 46.04%), Vietnam (8.96 million US dollars, up 0.45%, accounting for 19.32%), UAE (4.35 million US dollars, up 43400% , accounting for 9.38%), Sri Lanka (2.5 million US dollars, up 60.26%, accounting for 5.39%), Bangladesh (1.64 million US dollars, up 7.19%, accounting for 3.54%). The total proportion of the 5 sources above was 83.67%.
Export: The amount of silk filament was 0.94 million US dollars, decreasing 71.94% month-on-month and 51.3% YOY, with whose quantity falling 61.65% month-on-month and 45.9% YOY to 135.12 tons; the amount of silk fabrics was 18.66 million US dollars, down 20.9% and up 37.61% from the previous month and year respectively; The amount of silk madeups was 246 million US dollars, dropping 1% from last month and 12.42% YOY.
The major export markets were the United States (112 million US dollars, down 17.42%, accounting for 42.24%), UAE (18.81 million US dollars, down 1.21%, accounting for 7.08%), the United Kingdom (13.47 million US dollars, down 16.95%, accounting for 5.07%), Germany (13.09 million US dollars, down 0.68%, accounting for 4.93%), Sri Lanka (8.99 million US dollars, up 42.02%, accounting for 3.38%). The five markets above accounted for 62.7% of the total.
This article is originally from CCCT, translated and edited by esilk. net
