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US| US’ Silk Product Imports & Exports in Jan.-May 2023
Author:
esilk.net
PublishDate:
2023-07-16 11:29:00
Hit:
817
1. Silk product trade in May
According to statistics from the United States Department of Commerce, the trade value of silk products in May was 477 million US dollars, rising 0.85% from the previous month and dropping 19.77% from the same period last year. Among them, the import value was 406 million US dollars, dropping 1.62% month-on-month and 22.31% year-on-year; the export value was 70.1269 million US dollars, increasing 18.03% on a monthly basis and decreasing 1.02% from the year earlier. The specific product composition was as follows:
Import: The amount of silk filament was 0.9752 million US dollars, growing 44.03% month-on-month and dropping 24.89% YOY, with its quantity jumping 84.35% from the previous month and falling 16.9% from the year earlier to 19.26 tons; the amount of silk fabrics was 18.7943 million US dollars, dropping 2.33% and 20.49% from the previous month and year respectively; silk madeups amounted to 387 million US dollars, dropping 1.67% from the previous month and 22.39% YOY.
Export: The amount of silk filament was 0.9275 million US dollars, growing 88.42% month-on-month and 620.69% YOY, with its quantity falling 73.51% month-on-month and growing 13.84% YOY to 4.57 tons; the amount of silk fabrics was 22.0481 million US dollars, growing 32.96% and 12.07% from the previous month and year respectively; silk madeups amounted to 47.1512 million US dollars, growing 11.37% month-on-month and dropping 7.64% YOY.
2. Silk product trade from January to May
From January to May, the US’ silk trade value totaled 2571 million US dollars, a year-on-year decrease of 9.93%. Among them, the import value was 2253 million US dollars, down 11.27% YOY; the export value was 318 million US dollars, up 0.91% YOY(the same below). Details were as follows:
Among the imported products, silk filament amounted to 5.9079 million US dollars, growing 14.02%, with its quantity dropping 20.78% to 116.15 tons; silk fabrics amounted to 85.7154 million US dollars, with a drop of 20.93%; Silk madeups amounted to 2162 million US dollars, down 10.89% .
The major sources of imports were China (599 million US dollars, down 25.38%, accounting for 26.56%), Vietnam (173 million US dollars, down 6.92%, accounting for 7.7%), India (167 million US dollars, up 1.21%, accounting for 7.4%), Italy (161 million US dollars, up 9.73%, accounting for 7.17%), Nicaragua (104 million US dollars, up 16.89%, accounting for 4.63%). The total proportion of the 5 sources above was 53.46%.
Among the export products, silk filament amounted to 1.5701 million US dollars, a year-on-year increase of 290.01%, with the quantity growing 51.92% to 24.99 tons; silk fabrics amounted to 83.2197 million US dollars, down 11.05% YOY; silk madeups amounted to 233 million US dollars, an increase of 5.45% YOY.
The major export markets were Mexico (94.1557 million US dollars, down 14.95%, accounting for 29.64%), Canada (58.3596 million US dollars, up 2.95%, accounting for 18.37%), Dominican Republic (18.8139 million US dollars, up 109.01%, accounting for 5.92%), Honduras (18.301 million US dollars, down 36.54%, accounting for 5.76%), Nicaragua (11.0836 million US dollars, down 37.86%, accounting for 3.49%). The five markets above accounted for 63.18% of the total.

The original Chinese edition is from CCCT, translated and edited by esilk. net.
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