Return1. Silk product trade in August
According to statistics from the United States Department of Commerce, the trade value of silk products in August was 567 million US dollars, rising 8.04% from the previous month and 40.34% from the same period last year. Among them, the import value was 492 million US dollars, going up 6.43% month-on-month and 41.01% year-on-year; the export value was 74.3129 million US dollars, jumping 20.06% on a monthly basis and 36.03% from the year earlier. The specific product composition was as follows:
Import: The amount of silk filament was 1.9523 million US dollars, rising 31.83% month-on-month and 77.58% YOY, with its quantity jumping 16.78% from the previous month and 73.3% from the year earlier to 39.91 tons; the amount of silk fabrics was 21.2069 million US dollars, falling 5.16% and 3.45% from the previous month and year respectively; silk madeups amounted to 469 million US dollars, growing 6.94% from the previous month and 43.88% YOY.
Export: The amount of silk filament was 0.1106 million US dollars, falling 48.28% month-on-month and surging 250.47% YOY, with its quantity dropping 59.97% month-on-month and soaring 1888.77% YOY to 16.83 tons; the amount of silk fabrics was 16.7648 million US dollars, falling 8.78% and 6.4% from the previous month and year respectively; silk madeups amounted to 57.4375 million US dollars, climbing 32.64% month-on-month and 56.56% YOY.
2. Silk product trade from January to August
From January to August, the US’ silk trade value totaled 4506 million US dollars, a year-on-year increase of 39.88%. Among them, the import value was 3988 million US dollars, up 41.98% YOY; the export value was 518 million US dollars, up 25.6% YOY(the same below). Details were as follows:
Among the imported products, silk filament amounted to 10.0743 million US dollars, growing 28.93%, with its quantity jumping 31.9% to 250.5 tons; silk fabrics amounted to 174 million US dollars, with a rise of 17.68%; Silk madeups amounted to 3804 million US dollars, up 43.37% .
The major sources of imports were China (1284 million US dollars, up 45.16%, accounting for 32.2%), Vietnam (253 million US dollars, up 43.05%, accounting for 6.34%), India (246 million US dollars, up 42.28%, accounting for 6.16%), Italy (228 million US dollars, up 46.5%, accounting for 5.73%), Nicaragua (212 million US dollars, up 81.31%, accounting for 5.32%). The total proportion of the 5 sources above was 55.75%.
Among the export products, silk filament amounted to 0.9344 million US dollars, a year-on-year increase of 70.66%, with the quantity falling 0.16% to 79.43 tons; silk fabrics amounted to 145 million US dollars, up 13.2% YOY; silk madeups amounted to 372 million US dollars, an increase of 31.12% YOY.
The major export markets were Mexico (181 million US dollars, up 23.74%, accounting for 34.87%), Canada (93.5419 million US dollars, up 32.12%, accounting for 18.07%), Honduras (46.6035 million US dollars, up 27.91%, accounting for 9%), Nicaragua (34.3986 million US dollars, up 209.82%, accounting for 6.64%), the UK (16.0544 million US dollars, up 22.73%, accounting for 3.1%). The five markets above accounted for 71.68% of the total.
The original Chinese edition is from CCCT, translated and edited by esilk. net.
