Return1.Silk products imported from China by US in May
According to the statistics of the U.S. Department of Commerce, the import value of silk products from China in May was 100 million US dollars, up 27.76% year on year, and 4.17 % month on momth, accounting for 27.94% of the global imports. The details were as follows:
Silk filament: imported from China amounted to 139.1 thousand US dollars, up 2370.3% and down 62.64% from the previous year and month respectively, accounting for 16.04% of the market share, a large fluctuation continued on monthly share. The import quantity was 5.11 tons, surging 4630.56% and dropping 64.10% from the previous year and month respectively, with a market share of 31.13%.
Silk fabrics: imported from China amounted to 5.1314 million US dollars, up 9.13% and 26.18% from the previous year and month respectively, with a market share of 27.51%, ranking first in the source of imports.
Silk madeups: imported from China amounted to 94 million US dollars, up 28.78% and 3.12% from the previous year and month respectively, accounting for 27.99% of its market share.
2.Silk products imported from China by US in Jan.-May.
From January to May, the U.S. imported 542 million US dollars of silk products from China, up 13.40% year on year, accounting for 30.35% of its global imports. Among them:
Silk filament: imported from China amounted to 1.2992 million US dollars,up 271.95% year on year,with whose market share totaled 29.42%, ranking the first in the import sources of silk filament. The import quantity was 46.13 tons, an increase of 592.08% from the previous year and a marked share of 49.9%.
Silk fabrics: imported from China amounted to 21.8615 million US dollars, up 2.68% from a year ago, with a marked share of 27.21%, and ranking the first in the import sources of silk fabrics.
Silk madeups: imported from China amounted to 519 million US dollars, up 13.71% from a year ago, with a marked share of 30.5%, ranking the first in import sources of silk madeups.
3.U.S. import situation of silk products with 10% imposed tariff from China
Since October 2018, the U.S. has imposed a 10% import tariff on 25 Chinese silk products classified in 8-digit HS codes, including 1 cocoon, 7 silk filaments (actually containing 8 products classified in 10-digit HS codes), and 17 silk fabrics (actually containing 37 10-digit HS codes).
3.1 U.S. import situation of silk products with imposed tariff from China in May
U.S. imported 669.2 thousand U.S. dollars of silk products with 10% imposed tariff from China in May, down 24.24% and 0.83% from the previous year and month respectively, accounting for 15.75% of the marked share.
The details were as follows:
Cocoon: zero imports from China.
Silk filament: imported from China amounted to 139.1 thousand US dollars, up 2370.3% and down 62.64% from the previous year and month respectively, accounting for 16.04% of the market share,a large fluctuation continued on monthly share. The import quantity was 5.11 tons, surging 4630.56% and down 64.10% from the previous year and month respectively, with market share of 31.13%.
Silk fabrics: imported from China amounted to 530.1 thousand US dollars, down 39.60% and up 78.13% from the previous year and month respectively, accounting for 15.67% of marked share. The quantity was 78.9 thousand square meters, a surge of 1678.81% from a year ago.
3.2 U.S. import situation of silk products with imposed tariff from China in Jan.-May.
From January to May, U.S. imported 3.4992 million U.S. dollars of silk products with 10% imposed tariff from China, a year-on-year decrease of 31.22%, and a market share of 14.71%. Among them:
Cocoon: imported from China amounted to 5500 US dollars, with a market share of 100%.
Silk filament: imported from China amounted to 1.2992 million US dollars, an increase of 271.95% year on year, and a market share of 29.42%, ranking the first in the import sources of silk filament. The quantity was 46.13 tons, an increase of 592.08% YOY, and a market share of 49.9%.
Silk fabrics: imported from China amounted to 2.1945 million US dollars, a decline of 53.68% year on year, and a market share of 11.33%, ranking the fourth in the import sources of silk fabrics. The quantity was 312.2 thousand square meters, falling 84.37% from a year before.
The original Chinese edition of this article is from CCCT, translated and edited by esilk. net.
