US| US’ Silk Product Imports & Exports in Jan.-Apr. 2023
1. Silk product trade in AprilAccording to statistics from the United States Department of Commerce, the trade value of silk products in April was 473 million US dollars, dropping 11.07% from the previous month and 22.86% from the same period last year. Among them, the import value was 413 million US dollars, dropping 11.26% month-on-month and 24.58% year-on-year; the export value was 59.4137 million US dollars, decreasing 9.75% on a monthly basis and 8.34% from the year earlier. The specific product composition was as follows:
Import: The amount of silk filament was 0.6771 million US dollars, falling 54.19% month-on-month and jumping 34.64% YOY, with its quantity falling 66.59% from the previous month and jumping 22.72% from the year earlier to 10.45 tons; the amount of silk fabrics was 19.2417 million US dollars, growing 12.33% and falling 10.34% from the previous month and year respectively; silk madeups amounted to 393 million US dollars, dropping 12.02% from the previous month and 25.22% YOY.
Export: The amount of silk filament was 0.4923 million US dollars, surging 555.09% month-on-month and 2617.42% YOY, with its quantity shooting up 1065.83% month-on-month and 6032.03% YOY to 17.23 tons; the amount of silk fabrics was 16.5824 million US dollars, falling 3.83% and 8.62% from the previous month and year respectively; silk madeups amounted to 42.3391 million US dollars, dropping 12.73% month-on-month and 9.26% YOY.
2. Silk product trade from January to April
From January to April, the US’ silk trade value totaled 2095 million US dollars, a year-on-year decrease of 7.59%. Among them, the import value was 1847 million US dollars, down 8.71% YOY; the export value was 248 million US dollars, up 1.77% YOY(the same below). Details were as follows:Among the imported products, silk filament amounted to 4.9327 million US dollars, growing 27.17%, with its quantity dropping 21.5% to 96.9 tons; silk fabrics amounted to 66.9211 million US dollars, with a drop of 21.2%; Silk madeups amounted to 1775 million US dollars, down 8.24% .The major sources of imports were China (276 million US dollars, down 18.31%, accounting for 28.55%), Vietnam (149 million US dollars, up 1.11%, accounting for 8.08%), India (137 million US dollars, up 10.95%, accounting for 7.43%), Italy (131 million US dollars, up 12.51%, accounting for 7.09%), Nicaragua (86.2487 million US dollars, up 29.37%, accounting for 4.67%). The total proportion of the 5 sources above was 53.12%.Among the export products, silk filament amounted to 0.6426 million US dollars, a year-on-year increase of 134.62%, with the quantity growing 64.2% to 20.42 tons; silk fabrics amounted to 61.1716 million US dollars, down 17.52% YOY; silk madeups amounted to 186 million US dollars, an increase of 10.03% YOY.The major export markets were Mexico (76.9559 million US dollars, down 13.1%, accounting for 31.08%), Canada (45.1827 million US dollars, up 10.27%, accounting for 18.25%), Honduras (13.8758 million US dollars, down 40.11%, accounting for 5.6%), Dominican Republic (12.3938 million US dollars, up 85.03%, accounting for 5.01%), Japan (8.3156 million US dollars, up 77.93%, accounting for 3.36%). The five markets above accounted for 63.3% of the total.The original Chinese edition is from CCCT, translated and edited by esilk. net.
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