India | Imports and Exports | World | Silk | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 50 "Silk" from India totalled $ 116 million in 2023. Sales of commodity group 50 from India went up by 23% compared to 2022: exports of commodity group 50 "Silk" went up by $ 21 million (cumulative exports of commodity group 50 from India amounted $94 million in 2022)
Exports of commodity group 50 "Silk" amounted to 0.027% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 50 in total exports from India increased by 0.006 p.p. compared to 2022 (it was 0.02% in 2022 and cumulative exports from India were equal to $ 452 billion).
Where does India export Silk?
Top export destinations of "Silk" from India in 2023:
- United Arab Emirates with a share of 30% (36 million US$)
- China with a share of 29% (34 million US$)
- USA with a share of 11.3% (13.2 million US$)
- Italy with a share of 4.53% (5.29 million US$)
- United Kingdom with a share of 3.73% (4.36 million US$)
- Singapore with a share of 3.27% (3.82 million US$)
- Netherlands with a share of 1.89% (2.2 million US$)
- France with a share of 1.69% (1.97 million US$)
- Malaysia with a share of 1.68% (1.96 million US$)
- Germany with a share of 1.46% (1.71 million US$)
Exports structure of 50 - Silk - from India in 2023 represented by the following main commodity groups:
- 65% (76 million US$): 5007 - Woven fabrics of silk or of silk waste
- 29% (35 million US$): 5003 - Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)
- 1.67% (1.95 million US$): 5005 - Yarn spun from silk waste, not put up for retail sale.
- 1.26% (1.47 million US$): 5004 - Silk yarn (other than yarn spun from silk waste) not put up for retail sale
- 0.868% (1.01 million US$): 5002 - Raw silk (not thrown)
- 0.459% (536 thousand US$): 5006 - Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
- 0.013% (15.5 thousand US$): 5001 - Silk-worm cocoons suitable for reeling
The value of imports of commodity group 50 "Silk" to India totalled $ 214 million in 2023. Sales of commodity group 50 to India decreased by 21% in value terms compared to 2022. imports of commodity group 50 "Silk" decreased by $ 59 million (the value of imports of commodity group 50 to India was equal to $274 million in 2022)
Imports of commodity group 50 "Silk" accounted for 0.031% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 50 in total imports to India decreased by 0.005 p.p. compared to 2022 (it was 0.037% in 2022 and cumulative imports to India were equal to $ 732 billion).
Where does India import Silk from?
Top trading partners (import of "Silk") of India in 2023:
- Vietnam with a share of 51% (110 million US$)
- China with a share of 45% (97 million US$)
- Myanmar with a share of 1.02% (2.19 million US$)
- Brazil - 1.79 million US$
- Uzbekistan - 696 thousand US$
- Italy - 536 thousand US$
- India - 173 thousand US$
- France - 139 thousand US$
- Korea - 102 thousand US$
- Japan - 90 thousand US$
Imports structure of 50 - Silk - to India in 2023 represented by the following main commodity groups:
- 73% (157 million US$): 5002 - Raw silk (not thrown)
- 15.6% (33 million US$): 5007 - Woven fabrics of silk or of silk waste
- 6.42% (13.7 million US$): 5004 - Silk yarn (other than yarn spun from silk waste) not put up for retail sale
- 2.83% (6.07 million US$): 5005 - Yarn spun from silk waste, not put up for retail sale.
- 0.704% (1.5 million US$): 5003 - Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)
- 0.628% (1.34 million US$): 5006 - Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
