US| US’ Silk Product Imports & Exports in Jan.-Jun. 2023
1. Silk product trade in June
According to statistics from the United States Department of Commerce, the trade value of silk products in June was 437 million US dollars, dropping 8.3% from the previous month and 21.2% from the same period last year. Among them, the import value was 375 million US dollars, dropping 7.79% month-on-month and 23.09% year-on-year; the export value was 62.2387 million US dollars, decreasing 11.25% on a monthly basis and 7.53% from the year earlier. The specific product composition was as follows:
Import: The amount of silk filament was 1.6399 million US dollars, growing 68.16% month-on-month and 12.04% YOY, with its quantity jumping 30.78% from the previous month and falling 15.52% from the year earlier to 25.18 tons; the amount of silk fabrics was 16.1231 million US dollars, dropping 14.21% and 25.49% from the previous month and year respectively; silk madeups amounted to 357 million US dollars, dropping 7.67% from the previous month and 23.09% YOY.
Export: The amount of silk filament was 0.209 million US dollars, dropping 77.47% month-on-month and jumping 0.72% YOY, with its quantity growing 1.69% month-on-month and 12.45% YOY to 4.64 tons; the amount of silk fabrics was 15.4738 million US dollars, dropping 29.82% and 2.07% from the previous month and year respectively; silk madeups amounted to 46.5559 million US dollars, dropping 1.26% month-on-month and 9.25% YOY.
2. Silk product trade from January to JuneFrom January to June, the US’ silk trade value totaled 3008 million US dollars, a year-on-year decrease of 11.76%. Among them, the import value was 2628 million US dollars, down 13.17% YOY; the export value was 380 million US dollars, down 0.58% YOY(the same below). Details were as follows:Among the imported products, silk filament amounted to 7.5478 million US dollars, growing 13.58%, with its quantity dropping 19.89% to 141.34 tons; silk fabrics amounted to 102 million US dollars, with a drop of 21.69%; Silk madeups amounted to 2519 million US dollars, down 12.85% .The major sources of imports were China (720 million US dollars, down 26.48%, accounting for 27.41%), Vietnam (193 million US dollars, down 6.3%, accounting for 7.34%), India (191 million US dollars, down 2.1%, accounting for 7.28%), Italy (189 million US dollars, up 7.05%, accounting for 7.17%), Nicaragua (122 million US dollars, up 5.03%, accounting for 4.66%). The total proportion of the 5 sources above was 53.86%.Among the export products, silk filament amounted to 1.7791 million US dollars, a year-on-year increase of 191.62%, with the quantity growing 44% to 29.63 tons; silk fabrics amounted to 98.6934 million US dollars, down 9.75% YOY; silk madeups amounted to 279 million US dollars, an increase of 2.68% YOY.The major export markets were Mexico (111 million US dollars, down 16.39%, accounting for 29.23%), Canada (69.7101 million US dollars, down 0.46%, accounting for 18.35%), Honduras Dominican Republic (21.4601 million US dollars, down 36.81%, accounting for 5.65%), Dominican Republic (19.9695 million US dollars, up 78.55%, accounting for 5.26%), Nicaragua (15.1281 million US dollars, down 38%, accounting for 3.98%). The five markets above accounted for 62.47% of the total.The original Chinese edition is from CCCT, translated and edited by esilk. net.
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