China | Imports and Exports | World | Silk | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 50 "Silk" from China totalled $ 801 million in 2023. Sales of commodity group 50 from China decreased by 14% in value terms compared to 2022. exports of commodity group 50 "Silk" decreased by $ 131 million (cumulative exports of commodity group 50 from China amounted $932 million in 2022)
Exports of commodity group 50 "Silk" amounted to 0.023% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 50 in total exports from China decreased by 0.002 p.p. compared to 2022 (it was 0.025% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Where does China export Silk?
Top export destinations of "Silk" from China in 2023:
- Italy with a share of 19.8% (159 million US$)
- India with a share of 16.3% (130 million US$)
- Vietnam with a share of 7.02% (56 million US$)
- Pakistan with a share of 6.89% (55 million US$)
- Japan with a share of 6.63% (53 million US$)
- Romania with a share of 5.68% (45 million US$)
- Sri Lanka with a share of 3.5% (28 million US$)
- Korea with a share of 3.47% (27 million US$)
- Hong Kong with a share of 3.01% (24 million US$)
- Slovenia with a share of 2.84% (22 million US$)
Exports structure of 50 - Silk - from China in 2023 represented by the following main commodity groups:
- 46% (371 million US$): 5007 - Woven fabrics of silk or of silk waste
- 28% (232 million US$): 5002 - Raw silk (not thrown)
- 10.6% (85 million US$): 5004 - Silk yarn (other than yarn spun from silk waste) not put up for retail sale
- 8.84% (70 million US$): 5005 - Yarn spun from silk waste, not put up for retail sale.
- 5.08% (40 million US$): 5003 - Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)
- 0.057% (457 thousand US$): 5001 - Silk-worm cocoons suitable for reeling
- 0.056% (450 thousand US$): 5006 - Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
The value of imports of commodity group 50 "Silk" to China totalled $ 80 million in 2023. Sales of commodity group 50 to China decreased by 0.913% in value terms compared to 2022. imports of commodity group 50 "Silk" decreased by $ 741 thousand (the value of imports of commodity group 50 to China was equal to $81 million in 2022)
Imports of commodity group 50 "Silk" accounted for 0.003% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 50 in total imports to China decreased by 0 p.p. compared to 2022 (it was 0.002% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Where does China import Silk from?
Top trading partners (import of "Silk") of China in 2023:
- India with a share of 38% (30 million US$)
- Uzbekistan with a share of 16.1% (12.9 million US$)
- Italy with a share of 11.5% (9.3 million US$)
- Dem. People`s Rep. Korea with a share of 8.35% (6.71 million US$)
- Myanmar with a share of 6.23% (5.01 million US$)
- China with a share of 5.25% (4.22 million US$)
- Vietnam with a share of 4.21% (3.38 million US$)
- Japan with a share of 2.85% (2.29 million US$)
- Korea with a share of 1.92% (1.54 million US$)
- Turkmenistan with a share of 1.05% (851 thousand US$)
Imports structure of 50 - Silk - to China in 2023 represented by the following main commodity groups:
- 64% (52 million US$): 5003 - Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)
- 19.8% (15.9 million US$): 5007 - Woven fabrics of silk or of silk waste
- 6.67% (5.36 million US$): 5002 - Raw silk (not thrown)
- 4.88% (3.92 million US$): 5001 - Silk-worm cocoons suitable for reeling
- 1.88% (1.51 million US$): 5004 - Silk yarn (other than yarn spun from silk waste) not put up for retail sale
- 1.7% (1.37 million US$): 5005 - Yarn spun from silk waste, not put up for retail sale.
- 0.164% (132 thousand US$): 5006 - Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
