Return
From January to June, the total import and export value of China’s pure silk products was US$656 million, a year-on-year decrease of 33.56%, accounting for 0.47% of China’s total textile and apparel imports and exports.
1.Export situation:
The export value of pure silk products was 553 million US dollars, a year-on-year decrease of 36.28%, accounting for 0.43% of China's textile and apparel exports. During the same period, the export value of textile and apparel increased by 2.48% year-on-year (the same below).
1.1Export products structure
The decline in exports of the three major categories continued to expand, among which exports of silk fabrics fell by 40%. From January to June, silk export value accounting for 27%, decreased by 28.35% and 32.83% on export volume, and its unit price increased by 6.67%; export value of pure silk fabrics decreased by 40.33%, accounting for 25.38%, and its unit price decreased by 13.15%. The export value of silk products fell by 37.93%, accounting for 47.63%, and its unit price increased by 12%.
1.2Major export markets
Silk products continued to decline sharply in major export markets, and their exports to European and American markets both fell by more than 30%. The top five markets were: EU (down 30.83%, accounting for 28.68%), USA (down 34.18%, accounting for 18.71%), India (down 38.48%, accounting for 8.85%), Japan (down 28.71%, accounting for 7.97%), Hong Kong (down 40.33%, accounting for 7.53%).
1) Situation of silk export market
The decline of silk to major markets had generally increased significantly, and which had reached 36% to India. The top five rankings were: EU (down 22.27%, accounting for 34.62%), India (down 35.57%, accounting for 25.13%), Japan (down 30.51%, accounting for 11.92%), ASEAN (down 46.47%, accounting for 8.66%), Madagascar (an increase of more than 1000%, accounting for 5.7%).
2）Situation of silk fabrics export markets
The exports of pure silk fabrics to the EU had fallen by nearly 40%, and the export decline to other major export markets had also increased in varying degrees. The top five countries and regions were: EU (down 39.68%, accounting for 29.29%), Hong Kong (down 36.94%, accounting for 10.6%), ASEAN (down 24.35%, accounting for 10.36%), India (down 46.12%, accounting for 8.02%), South Korea (down 35.81%, accounting for 7.79%).
3）Situation of silk products markets
The main export markets for silk products were ranked stably, and the decline in exports had generally expanded, and had exceeded 30% in European and American markets. The top five countries and regions were: USA (down 32.9%, accounting for 36.84%), EU (down 30.47%, accounting for 24.99%), Hong Kong (down 43.65%, accounting for 9.74%), Japan (down 25.31%, accounting for 7.67%), Australia (down 26.06%, accounting for 3.48%).
1.3 Export situation of provinces and municipalities
The rankings of major exporting provinces and municipalities remained stable, and the decline in Guangdong Province continued to expand, reaching 48%. The rankings of major provinces and municipalities were: Zhejiang (down 39.98%, accounting for 37.43%), Jiangsu (down 31.08% , accounting for 16.68%), Guangdong (down 47.69%, accounting for 11.94%), Shanghai (down 16.33%, accounting for 9.97%), Shandong (down 32.27%, accounting for 6.51%). The total exports of the top 5 provinces and municipalities accounted for 82.53% of the country's total exports.
1.4 Trade method
Exports under general trade accounted for more than 90%. General trade exports were US$507 million, a decrease of 35.97%, accounting for 91.66%; other trade exports were US$4.175 million, a decrease of 84.4%, accounting for 0.76%.
2.Import situation
From January to June, the import value of pure silk products was 103 million US dollars, a decrease of 13.73%, accounting for 0.94% of textile and apparel imports. In the same period, textile and apparel imports fell by 9.41% .
2.1 Import products structure
The decline in the value of three categories of imports has narrowed to varying degrees. Silk import value accounting for 9.84%, decreased by 8.07%, and increased by 2.24% on import volume, and its unit price decreased by 10.09%; the imports of pure silk fabrics decreased by 32.05%, accounting for 8.87%, and its unit price increased by 21.87%; Imports of silk products decreased by 12.03%, accounting for 81.07%, and its unit price increased by 9.77% .
2.2 Situation of import sources
The decline in imports of silk products from the European Union had narrowed sharply. The top five import sources of pure silk products were: EU (down 11.67%, accounting for 72.07%), People's Republic of China (down 26.76%, accounting for 9.17%), India (down 13.73%, accounting for 5.24% ), Uzbekistan (down 5.34%, accounting for 2.34%), ASEAN (up 9.33%, accounting for 2.18%).
2.3 Export situation of provinces and municipalities
The rankings of major importing provinces and municipalities remains stable, and the decline in the import value of silk products in Shanghai had narrowed from 21% last month to 6%. The details were as follows: Shanghai (down 6.01%, accounting for 76%), Guangdong (down 37.06%, accounting for 6.52%), Zhejiang (down 29.24%, accounting for 4.88%), Beijing (down 56.55%, accounting for 3.48%), Jiangsu (down 27.98%, accounting for 1.74%). The top five provinces and municipalities accounted for 92.62% of the country's total imports.
Translated and edited by Esilk Net
