ReturnAccording to statistics from the Ministry of Commerce and Industry of India, the trade value of silk products in December was 316 million US dollars, rising 18.83% from the previous month and dropping 1.2% from the same period last year. Among them, the import value was 46.24 million US dollars, dropping 14.94% month-on-month and rising 4.1% year-on-year; the export value was 270 million US dollars, rising 27.51% on a monthly basis and falling 2.05% from the year earlier. The specific product composition was as follows:
Import: The amount of silk filament was 18.84 million US dollars, dropping 11.42% month-on-month and rising 9.28% YOY, with its quantity dropping 13.42% from the previous month and rising 13.62% from the year earlier to 358.37 tons; the amount of silk fabrics was 16.27 million US dollars, rising 3.24% and dropping 5.74% from the previous month and year respectively; silk madeups amounted to 11.13 million US dollars, dropping 35.78% from the previous month and rising 12.2% YOY.
From January to December, the India's silk trade value totaled 3572 million US dollars, a year-on-year increase of 0.02%. Among them, the import value was 607 million US dollars, up 64.8% YOY; the export value was 2965 million US dollars, down by 7.42% YOY(the same below). Details were as follows:
Among the imported products, silk filament amounted to 241 million US dollars, surging 109.5%, with its quantity jumping 92.65% to 4494.7 tons; silk fabrics amounted to 191 million US dollars, with a rise of 38.31%; Silk madeups amounted to 175 million US dollars, up 51.78% .
The major sources of imports were China (305 million US dollars, up 79.65%, accounting for 50.28%), Vietnam (130 million US dollars, up 57.25%, accounting for 21.38%), Bangladesh (43.28 million US dollars, up 93.56%, accounting for 7.13%), Sri Lanka (26.85 million US dollars, up 16.08%, accounting for 4.43%), Hong Kong, China (17.81 million US dollars, up 4.4%, accounting for 2.94%). The total proportion of the 5 sources above was 86.16%.
Among the export products, silk filament amounted to 24.09 million US dollars, a year-on-year decrease of 33.47%, with the quantity falling 35.4% to 2350.72 tons; silk fabrics amounted to 236 million US dollars, down 5.32% YOY; silk madeups amounted to 2705 million US dollars, a decrease of 7.28% YOY.
The major export markets were the US (1192 million US dollars, down 6.24%, accounting for 40.2%), U.A.E (228 million US dollars, down 44.5%, accounting for 7.69%), the UK (160 million US dollars, down 9.76%, accounting for 5.38%), Germany (140 million US dollars, up 8.63%, accounting for 4.74%), Sri Lanka (107 million US dollars, down 5.22%, accounting for 3.6%). The five markets above accounted for 61.61% of the total.
The original Chinese edition is from CCCT, translated and edited byesilk. net.
