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Import and Export Data: US Silk Imports from China from January to April 2023

2023-06-28

1、 Silk commodity trade situation in April

According to import and export data, the trade volume of silk goods in April was 473 million US dollars, a decrease of 11.07% month on month and 22.86% year-on-year. Among them, the import amount was 413 million US dollars, a decrease of 11.26% month on month and 24.58% year-on-year; The export value was 59.4137 million US dollars, a decrease of 9.75% month on month and 8.34% year-on-year. The specific product composition is as follows:

Import: The amount of silk products was 677100 US dollars, a decrease of 54.19% month on month and a year-on-year increase of 34.64%. The quantity was 10.45 tons, a decrease of 66.59% month on month and a year-on-year increase of 22.72%; The amount of silk and satin was 19.2417 million US dollars, a month on month increase of 12.33% and a year-on-year decrease of 10.34%; The amount of manufactured goods was 393 million US dollars, a decrease of 12.02% month on month and 25.22% year-on-year.

Export: The amount of silk products was 492300 US dollars, an increase of 555.09% month on month and 2617.42% year on year. The quantity was 17.23 tons, an increase of 1065.83% month on month and 6032.03% year on year; The amount of silk and satin was 16.5824 million US dollars, a decrease of 3.83% month on month and 8.62% year-on-year; The amount of finished products was 42.3391 million US dollars, a decrease of 12.73% month on month and 9.26% year-on-year.

2、 Silk commodity trade situation from January to April

Import and export data shows that from January to April, the US silk trade volume was 2.095 billion US dollars, a year-on-year decrease of 7.59%. Among them, the import amount was 1.847 billion US dollars, a year-on-year decrease of 8.71%; The export volume was 248 million US dollars, a year-on-year increase of 1.77%. The specific situation is as follows:

Import and export data shows that the composition of imported goods is 4.9327 million US dollars, a year-on-year increase of 27.17%, and the quantity is 96.9 tons, a year-on-year decrease of 21.5%; Silk and satin reached 66.9211 million US dollars, a year-on-year decrease of 21.2%; Manufactured goods amounted to 1.775 billion US dollars, a year-on-year decrease of 8.24%.

The main sources of imports are China ($477 million, a year-on-year decrease of 27.14%, accounting for 25.85%), Vietnam ($149 million, a year-on-year increase of 1.11%, accounting for 8.08%), India ($137 million, a year-on-year increase of 10.95%, accounting for 7.43%), Italy ($131 million, a year-on-year increase of 12.51%, accounting for 7.09%), and Nicaragua ($86.2487 million, a year-on-year increase of 29.37%, accounting for 4.67%). The total proportion of the above five sources is 53.12%.

Import and export data shows that the composition of exported goods is 642600 US dollars for silk, a year-on-year increase of 134.62%, with a quantity of 20.42 tons, a year-on-year increase of 64.2%; Silk and satin reached 61.1716 million US dollars, a year-on-year decrease of 17.52%; Manufactured goods amounted to 186 million US dollars, a year-on-year increase of 10.03%.

According to the import and export data, the main export markets are Mexico (US $76.9559 million, down 13.1% year on year, accounting for 31.08%), Canada (US $45.1827 million, up 10.27% year on year, accounting for 18.25%), Honduras (US $13.8758 million, down 40.11% year on year, accounting for 5.6%), Dominican Republic (US $12.3938 million, up 85.03% year on year, accounting for 5.01%) Japan (with an amount of 8.3156 million US dollars, a year-on-year increase of 77.93%, accounting for 3.36%). The total proportion of the above five markets is 63.3%.


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