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1. Silk products trade situation in February

According to statistics from the Ministry of Finance of Japan, the trade value of silk products in February was 158 million US dollars, increasing 17.75% from the previous month and 14.36% from the same period last year. Among them, the import value was 146 million US dollars, increasing 18.12% month-on-month and 18.27% year-on-year; the export value was 12.5799 million US dollars, with a rise of 13.64% on a monthly basis and a decline of 17.36% from the year earlier. The specific product composition was as follows:

Import: The amount of silk filament was 3.976 million US dollars, down by 7.49% month-on-month and up by 113.16% YOY, with whose quantity going down 3.05% from the previous month to 99.85 tons and going up 206.6% from the year earlier; the amount of silk fabrics was 10.2425 million US dollars, up by 0.96% and 59.78% from the previous month and year respectively; The amount of silk madeups was 132 million US dollars, rising 20.73% from the previous month and 14.42% YOY.

Export: The amount of silk filament was 381.7 thousand US dollars, an increase of 231.06% month-on-month and a decline of 23.31% YOY, with whose quantity surging 347.31% month-on-month to 6.66 tons and growing 43.91% YOY; the amount of silk fabrics was 99.921 million US dollars, increasing 11.03% and decreasing 22.27% from the previous month and year respectively; The amount of silk madeups was 2.2061 million US dollars, a rise of 12.83% month-on-month and an increase of 18.04% YOY.

2. Silk products trade from January to February

From January to February, the trade value of Japanese silk was 293 million US dollars, a year-on-year decrease of 12.16%. Among them, the import value was 269 million US dollars, down 12.2% YOY; the export value was 23.6496 million US dollars, down 11.65% YOY(the same below). Details were as follows:

Among the imported products, silk filament amounted to 8.274 million US dollars, falling 20.97%YOY, with whose quantity jumping 3.86% to 202.83 tons; silk fabrics amounted to 20.3874 million US dollars, with a rise of 9.5%; Silk madeups amounted to 241 million US dollars, declining 13.33%.

The major import sources were China (139 million US dollars, up 2.07% , accounting for 51.66%), Vietnam (44.94 million US dollars, down 17.6%, accounting for 16.68%), Italy (21.0663 million US dollars, down 16.28%, accounting for 7.82%), Cambodia (13.501 million US dollars, down 12.43%, accounting for 5.01%),  Indonesia (9.9866 million US dollars, down 52.7%, accounting for 3.71%). The total proportion of the 5 sources above was 84.88%.

Among the exported products, silk filament amounted to 497 thousand US dollars, falling 41.27%YOY, with whose quantity falling 5.64% to 8.14 tons; silk fabrics amounted to 18.9913 million US dollars, down 12.78%; and silk madeups were 4.1613 million US dollars, an increase of 0.32%.

The major export markets were China (8.6004 million US dollars, up 1.2%, accounting for 36.37%), Vietnam (7.8076 million US dollars, down 15.31%, accounting for 33.01%), Hong Kong (959.6 thousand US dollars, down 22.54%, accounting for 4.06%), Taiwan (935.6 thousand US dollars, down 22.08%, accounting for 3.96%), Thailand (858.1 thousand US dollars, down 28.65%, accounting for 3.63%). The five markets above accounted for 81.03% of the total.

Table Directory:

Table 1: Statistics on Japan’s Import and Export Structure of Silk Products in Jan.-Feb. 2021

Table 2: Statistics on Japan’s Major Import Sources of Silk Products in Jan.-Feb. 2021

Table 3: Statistics on Japan’s Major Import Sources of Silk Filament in Jan.-Feb. 2021

Table 4: Statistics on Japan’s Major Import Sources of Silk Fabrics in Jan.-Feb. 2021

Table 5: Statistics on Japan’s Major Import Sources of Silk Madeups in Jan.-Feb. 2021

Table 6: Statistics on Japan’s Major Export Markets of Silk Products in Jan.-Feb. 2021

Table 7: Statistics on Japan’s Major Export Markets of Silk Filament in Jan.-Feb. 2021

Table 8: Statistics on Japan’s Major Export Markets of Silk Fabrics in Jan.-Feb. 2021

Table 9: Statistics on Japan’s Major Export Markets of Silk Madeups in Jan.-Feb. 2021

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