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US’ Silk Product Imports & Exports in January 2022
Author:
esilk.net
PublishDate:
2022-05-05 17:21:28
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1. Silk product trade in January

According to statistics from the United States Department of Commerce, the trade value of silk products in January was 474 million US dollars, climbing 4.32% from the previous month and 36.66% from the same period last year. Among them, the import value was 428 million US dollars, going up 7.57% month-on-month and 39.97% year-on-year; the export value was 45.6455 million US dollars, with a decrease of 18.7% on a monthly basis and an increase of 11.83% from the year earlier. The specific product composition was as follows:

Import: The amount of silk filament was 1.0805 million US dollars, down by 6.76% month-on-month and up by 35.83% YOY, with whose quantity dropping 54.43% from the previous month and 5.89% from the year earlier to 15.17 tons; the amount of silk fabrics was 21.598 million US dollars, increasing 10.35% and 37.82% from the previous month and year respectively; The amount of silk madeups was 406 million US dollars, up by 7.47% from the previous month and 40.1% YOY.

The major sources of imports were China (174 million US dollars, up 49.03%, accounting for 40.69%), India (23.6943 million US dollars, up 19.64%, accounting for 5.53%), Italy (23.4714 million US dollars, up 48.42%, accounting for 5.48%), Vietnam (22.8677 million US dollars, up 22.48%, accounting for 5.34%), Mexico (17.8589 million US dollars, up 34.57%, accounting for 4.17%). The total proportion of the 5 sources above was 61.21%.

Export: The amount of silk filament was 62.5 thousand US dollars, a decline of 19.21% month-on-month and an increase of 8.61% YOY, with whose quantity jumping 29.14% month-on-month and dropping 94.73% YOY to 2.11 tons; the amount of silk fabrics was 14.0343 million US dollars, down 11.42% and up 0.74% from the previous month and year respectively; The amount of silk madeups was 31.5487 million US dollars, down by 21.56% month-on-month and up by 17.59% YOY.

The major export markets were Mexico (18.0397 million US dollars, up 26.41%, accounting for 39.52%), Canada (7.7822 million US dollars, up 12.56%, accounting for 17.05%), Honduras (4.0925 million US dollars, up 17.83%, accounting for 8.97%), Nicaragua (1.454 million US dollars, down 1.85%, accounting for 3.19%), Dominican Republic (1.3419 million US dollars, up 29.62%, accounting for 2.94%). The five markets above accounted for 71.67% of the total.

 

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

 

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