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1. Silk products trade situation in October

According to Thai Customs statistics, the trade value of silk products in October was 44.9055 million US dollars, rising 13.19% from the previous month and dropping 33.01% from the same period last year. Among them, the import value was 21.5394 million US dollars, increasing 4.52% month-on-month and decreasing 29.98% year-on-year; the export value was 23.3661 million US dollars, with an increase of 22.55% on a monthly basis and a decline of 35.58% from the year earlier. The specific product composition was as follows:

Import: The amount of silk filament was 287.4 thousand US dollars, up by 19.8% month-on-month and down by 47.86% YOY, with whose quantity dropping 1.71% from the previous month to 27.14 tons and falling 27.3% from the year earlier; the amount of silk fabrics was 11.9779 million US dollars, rising 7.15% and dropping 22.54% from the previous month and year respectively; The amount of silk madeups was 9.274 million US dollars, up by 0.94% from the previous month and down 37.1% YOY.

Export: The amount of silk filament was 377.5 thousand US dollars, rising 1.7% month-on-month and dropping 30.37% YOY, with whose quantity falling 33.95% month-on-month to 16.44 tons and 65.93% YOY; the amount of silk fabrics was 4.9984 million US dollars, rising 18.21% and dropping 30.4% from the previous month and year respectively; The amount of silk madeups was 17.9902 million US dollars, a month-on-month increase of 24.35% and a fall of 36.99% YOY.

2. Silk products trade from January to October

From January to October, the trade value of Thai silk totaled 503 million US dollars, a year-on-year decrease of 22.1%. Among them, the import value was 223 million US dollars, down 19.22% YOY; the export value was 280 million US dollars, down 24.25% YOY(the same below). Details were as follows:

The composition of imported products amounted to 3.0387 million US dollars of silk filament, dropping 55.33%, with whose quantity falling 34.88% to 251.45 tons; silk fabrics amounted to 108 million US dollars, with a drop of 17.08%; Silk madeups amounted to 112 million US dollars, declining 19.46% .

The major sources of imports were China (108 million US dollars, down 6.58% , accounting for 48.52%), Vietnam (21.1388 million US dollars, down 13.26%, accounting for 9.49%), Taiwan (18.798 million US dollars, down 45.81% , accounting for 8.44%), Hong Kong (16.4016 million US dollars, down 6.57% , accounting for 7.37%), Cambodia (12.8348 million US dollars, down 10.52%, accounting for 5.76%). The total proportion of the 5 sources above was 79.58%.

The composition of export products amounted to 2.8414 million US dollars of silk filament, a year-on-year decrease of 35%, with whose quantity dropping 33.35% to 160.3 tons; silk fabrics amounted to 41.3242 million US dollars, down 33.81%; and silk madeups were 236 million US dollars, a decrease of 22.13% .

The major export markets were Belgium (56.2657 million US dollars, down 7.21%, accounting for 20.07%), the United States (53.3154 million US dollars, down 22.8%, accounting for 19.01%), Japan (22.0316 million US dollars, down 27.26%, accounting for 7.86%), China (18.6274 million US dollars, down 34.65%, accounting for 6.64%), Vietnam (13.3264 million US dollars, down 43.19%, accounting for 4.75%). The five markets above accounted for 58.33% of the total.

Table Directory:

Table 1: Statistics on Thailand's Import and Export Structure of Silk Products in Jan.-Oct. 2020

Table 2: Statistics on Thailand's Major Import Sources of Silk Products in Jan.-Oct. 2020

Table 3: Statistics on Thailand's Major Import Sources of Silk Filament in Jan.-Oct. 2020

Table 4: Statistics on Thailand's Major Import Sources of Silk Fabrics in Jan.-Oct. 2020

Table 5: Statistics on Thailand's Major Import Sources of Silk Madeups in Jan.-Oct. 2020

Table 6: Statistics on Thailand's Major Export Markets of Silk Products in Jan.-Oct. 2020

Table 7: Statistics on Thailand's Major Export Markets of Silk Filament in Jan.-Oct. 2020

Table 8: Statistics on Thailand's Major Export Markets of Silk Fabrics in Jan.-Oct. 2020

Table 9: Statistics on Thailand's Major Export Markets of Silk Madeups in Jan.-Oct. 2020

This article is from CCCT, translated and edited by esilk. Net