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1. Silk products trade situation in September

According to statistics from the United States Department of Commerce, the trade value of silk products in September was 305 million US dollars, dropping 1.84% from the previous month and 9.1% from the same period last year. Among them, the import value was 263 million US dollars, decreasing 2.89% month-on-month and 10.07% year-on-year; the export value was 42.6081 million US dollars, with an increase of 5.2% on a monthly basis and a decline of 2.57% from the year earlier. The specific product composition was as follows:

Import: The amount of silk filament was 498.7 thousand US dollars, down by 41.59% month-on-month and 31.48% YOY, with whose quantity plunging 52.28% from the previous month to 8.89 tons and falling 21.52% from the year earlier; the amount of silk fabrics was 19.7397 million US dollars, increasing 4.14% and 0.54% from the previous month and year respectively; The amount of silk madeups was 243 million US dollars, down by 3.29% from the previous month and 10.78% YOY.

Export: The amount of silk filament was 59.6 thousand US dollars, a decrease of 30.44% month-on-month and 35.57% YOY, with whose quantity surging 122.49% month-on-month to 25.02 tons and 840.41% YOY; the amount of silk fabrics was 11.8225 million US dollars, increasing 3.24% and decreasing 25.94% from the previous month and year respectively; The amount of silk madeups was 30.726 million US dollars, a month-on-month increase of 6.07% and 11.02% YOY.

2. Silk products trade from January to September

From January to September, the trade value of US’ silk totaled 2850 million US dollars, a year-on-year decrease of 28.36%. Among them, the import value was 2536 million US dollars, down 28.05% YOY; the export value was 314 million US dollars,  down 30.75% YOY(the same below). Details were as follows:

The composition of imported products amounted to 5.6099 million US dollars of silk filament, dropping 13.06%, with whose quantity falling 18.37% to 126.97 tons; silk fabrics amounted to 147 million US dollars, with a drop of 25.92%; Silk madeups amounted to 2383 million US dollars, declining 28.21% .

The major sources of imports were China (846 million US dollars, down 33.17% , accounting for 33.38%), Vietnam (191 million US dollars, up 8.12%, accounting for 7.54%), India (167 million US dollars, down 11.92% , accounting for 6.59%), Italy (139 million US dollars, down 33.37% , accounting for 5.49%), Mexico (119 million US dollars, down 23.17%, accounting for 4.68%). The total proportion of the 5 sources above was 57.68%.

The composition of export products amounted to 994.1 thousand US dollars of silk filament, a year-on-year decrease of 37.66%, with whose quantity dropping 13.09% to 69.03 tons; silk fabrics amounted to 110 million US dollars, down 37.52%; and silk madeups were 203 million US dollars, a decrease of 26.4% .

The major export markets were Mexico (83.5907 million US dollars, down 11.06%, accounting for 26.59%), Canada (71.0494 million US dollars, down 24.68%, accounting for 22.6%), Honduras (22.3214 million US dollars, down 26.6%, accounting for 7.1%), Nicaragua (16.5037 million US dollars, down 11.7%, accounting for 5.25%), the United Kingdom (12.0069 million US dollars, down 44.33%, accounting for 3.82%). The five markets above accounted for 65.36% of the total.

Table Directory:

Table 1: Statistics on US' Import and Export Structure of Silk Products in Jan.-Sept. 2020

Table 2: Statistics on US' Major Import Sources of Silk Products in Jan.-Sept. 2020

Table 3: Statistics on US' Major Import Sources of Silk Filament in Jan.-Sept. 2020

Table 4: Statistics on US' Major Import Sources of Silk Fabrics in Jan.-Sept. 2020

Table 5: Statistics on US' Major Import Sources of Silk Madeups in Jan.-Sept. 2020

Table 6: Statistics on US' Major Export Markets of Silk Products in Jan.-Sept. 2020

Table 7: Statistics on US' Major Export Markets of Silk Filament in Jan.-Sept. 2020

Table 8: Statistics on US' Major Export Markets of Silk Fabrics in Jan.-Sept. 2020

Table 9: Statistics on US' Major Export Markets of Silk Madeups in Jan.-Sept. 2020