Import And Export Of Indian Silk Goods In August 2020

1、 Silk commodity trade in August

According to the statistics of the Ministry of Commerce and industry of India, the trade volume of silk goods in August was 261 million US dollars, down 3.82% month on month and 18.71% year on year. Among them, the import volume was US $16.0956 million, down 13.87% month on month and 65.84% year-on-year; the export volume was 245 million US dollars, with a month on month decrease of 3.08% and a year-on-year decrease of 10.61%. The specific commodity composition is as follows:

Import: the amount of silk was 4.8847 million US dollars, down 9.34% month on month, 72.57% year-on-year, 124.47 tons, 1.37% month on month, 69.15% year-on-year; the amount of silk was 5.1789 million US dollars, down 30.82% month on month, 48.66% year-on-year; the amount of finished products was 6.032 million US dollars, with a 3.74% month on month increase and a year-on-year decrease of 68.62%.

Export: the amount of silk was US $2.0911 million, a decrease of 24.99% on a month on month basis, and a year-on-year increase of 32.31%. The volume of silk was 377.4 tons, with a decrease of 21.98% on a month on month basis, and a year-on-year increase of 55.05%; the amount of silk was $16290700, a decrease of 4.03% on a month on month basis and a decrease of 9.54% on a year-on-year basis; and the amount of finished products was $227 million, a decrease of 2.75% on a month on month basis.

2、 Silk trade from January to August

From January to August, India's silk trade volume was 1.799 billion US dollars, down 30.59% year on year. Among them, the import value was 176 million US dollars, a year-on-year decrease of 41.91%; the export volume was 1.623 billion US dollars, a year-on-year decrease of 29.09%. The details are as follows:

The amount of silk products decreased by US $1455.545 million, representing a decrease of US $1455.045 million on a year-on-year basis, with a year-on-year decrease of US $1455.545 million and a year-on-year decrease of US $1455.445 million.

The main sources of imports were China (US $85.9995 million, down 50.59%, accounting for 48.8%), Vietnam (US $33.0518 million, a year-on-year decrease of 32.29%, accounting for 18.75%), Hong Kong (US $13.7188 million, a year-on-year decrease of 9.19%, accounting for 7.78%), Bangladesh (US $10.085 million, a year-on-year decrease of 36.32%, accounting for 5.68%), Sri Lanka (an amount of US $6.692 million, a year-on-year decrease) 39%, accounting for 3.8%. The total proportion of the above five sources was 84.81%.

The composition of export commodities was 13.076 million U.S. dollars of silk, with a year-on-year increase of 9.55%, 1960.9 tons, a year-on-year increase of 28.39%; 104 million silk, a year-on-year decrease of 26.9%; manufactured goods of 1.506 billion US dollars, a year-on-year decrease of 29.45%.

The main export markets were the United States (US $694 million, a year-on-year decrease of 19.94%, accounting for 42.75%), the United Arab Emirates (US $123 million, a year-on-year decrease of 48.09%, accounting for 7.6%), the United Kingdom (93.805 million US dollars, a year-on-year decrease of 27.99%, accounting for 5.78%), Germany (72.3795 million US dollars, a year-on-year decrease of 32.24%, accounting for 4.46%), Spain (60.7921 million US dollars, a year-on-year decrease of 44.02%, accounting for 7.6%) 75%). The above five markets together accounted for 64.34%.