1. Silk commodity trade situation in May
According to statistics from the Indian Ministry of Commerce and Industry, the silk commodity trade volume in May was US$323 million, a month-on-month increase of 3.18%, and a year-on-year decrease of 9.15%. Among them, the import value was US$44.5629 million, a month-on-month increase of 35.61%, and a year-on-year increase of 34.71%; the export value was 278 million US dollars, a month-on-month decrease of 0.63%, a year-on-year decrease of 13.65%. The specific commodity composition is as follows:
Imports: The amount of silk was 10.4048 million US dollars, a decrease of 5.4% from the previous month and a decrease of 26.02% from the same period last year. The quantity was 192.77 tons, an increase of 2.64% from the previous month and a decrease of 38.46% from the same period last year; the amount of silk and satin was 24.0473 million US dollars. US dollars, a month-on-month increase of 59.45%, a year-on-year increase of 94.82%; the amount of finished products was US$10.1109 million, a month-on-month increase of 49.1%, a year-on-year increase of 51.51%.
Exports: Silk value was US$1.8326 million, a month-on-month decrease of 7.12%, a year-on-year increase of 33.85%, and the quantity was 189.93 tons, a month-on-month decrease of 6.87%, a year-on-year increase of 2.38%; satin value was 14.575 million US dollars, a month-on-month increase of 6.41% , a year-on-year increase of 13.35%; the amount of finished products was US$262 million, a month-on-month decrease of 0.94%, and a year-on-year decrease of 14.99%.
2. Silk commodity trade situation from January to May
From January to May, India’s silk trade volume was US$1.565 billion, a year-on-year decrease of 16.21%. Among them, the import value was US$212 million, a year-on-year increase of 22.58%; the export value was US$1.353 billion, a year-on-year decrease of 20.18%. The specific situation is as follows:
The imported goods were composed of silk products of US$65.2212 million, a year-on-year decrease of 18.06%, and the quantity was 1158.61 tons, a year-on-year decrease of 35.32%; satins were 98.5492 million US dollars, a year-on-year increase of 59.29%; finished products were US$48.2776 million, a year-on-year increase. 53.17%.
The main sources of imports are China (amount of US$139 million, a year-on-year increase of 23.47%, accounting for 65.44%), Vietnam (amount of US$28.0683 million, a year-on-year increase of 90.95%, accounting for 13.24%), Sri Lanka (amount of 9.1971 million) US dollars, down 20.23% year-on-year, accounting for 4.34%), Bangladesh (amount of US$5.9337 million, a year-on-year increase of 178.3%, accounting for 2.8%), Hong Kong (amount of US$5.6076 million, a year-on-year decrease of 21.47%, accounting for 2.64%. Above The total proportion of the five origins was 88.46%.
The export commodities consisted of silk products of US$9.2698 million, a year-on-year increase of 55.93%, quantity 971.64 tons, a year-on-year increase of 34.17%; silk and satin 68.831 million US dollars, a year-on-year increase of 14.98%; finished products The main export markets are the United States (amount of US$491 million, a year-on-year increase of 6.47%, accounting for 36.31%) and the United Arab Emirates (amount of US$180 million, a year-on-year decrease of 63.36%, accounting for 36.31%). 13.29%), Germany (amount of US$80.343 million, a year-on-year decrease of 24.48%, accounting for 5.94%), the United Kingdom (amount of US$77.7556 million, a year-on-year increase of 12.6%, accounting for 5.75%), Spain (amount of US$50.9901 million, a year-on-year decrease of 14.41%) %, accounting for 3.77%). The total proportion of the above five markets is 65.06%.
(Source: China Chamber of Commerce for Import and Export of Textiles)
Original title: India’s import and export of silk commodities from January to May 2018
Reviewer: Luo Jianguo
