China’s import and export of silk goods (Jan.-Nov.,2017)

by+Flora+Zhao

Import and export of silk goods in November

According to statistics of China Customs， the import and export volume of silk goods amounted to 235 million USD in November， an increase of 29.35% over the previous month； but compared with the same period of the previous year， it decreased by 31.01%. Among the total volume， exports totaled 215 million USD， an increase of 27.87% over the previous month and a reduction of 33.36% from the previous year；while imports totaled 19.876 million USD， an increase of 47.83% over the previous month and an increase of 11.46% over the previous year. The composition of specific commodities is as follows：

Exports： raw silk was worth 51.359 million USD， an increase of 33.85% over the previous month and a reduction from the previous year by 1%. Its quality reached 962.05 tons， an increase of 22.05% over the previous month and a reduction of 19.98% over the previous year. Silk fabric was worth 66.779 million USD， an increase of 56.13% over the previous month and a reduction from the previous year by 4.28%. Manufactured goods was worth 96.599 million USD， an increase of 11.48% over the previous month and a reduction from the previous year by 51.83%.

Imports： raw silk was worth 1，848 thousand USD， increasing by 13.88% over the previous month and growing from the previous year by 25.66%. Its quality was 393.27 tons， reducing over the previous month by 14.7% and down from the previous year by 7.24%. Its quality reached 393.27 tons， an increase of 14.7% over the previous month and a reduction of 7.24% over the previous year. Silk fabric was worth 3.719 million USD， an increase of 100.28% over the previous month and a reduction from the previous year by 3.45%. Manufactured goods was worth 14.309 million USD， an increase of 43.59% over the previous month and a reduction from the previous year by 12.08%.

Overall import and export from January to November

From January to November， the total import and export of silk goods was 3，494 million USD， an increase of 24.73% year on year， accounting for 1.31% of our total import and export of textiles.

Exports

The export of silk goods was 3，324 million USD， an increase of 26.76% year on year， accounting for 1.36% of our total import and export of textiles and clothing. And textile and clothing exports increased by 0.64% year on year.

Export commodity structure

Export growth of silk manufactured goods continued to fall but showed a slowdown， while there is little change in export froth of silk and silk fabric. From January to November， exported silk was worth 489 million USD， a year-on-year increase of 0.79%， accounting for 14.7%； and its quality reached 10591.18 tons， a decrease of 13.6%； and the unit price was 46.13 USD/kg， an increase of 14.82%. Exported silk fabric was worth 564 million USD， a decrease of 5.59%， accounting for 16.97%. And its unit price was 5.55 USD/ kg， an increase of 10.1%. Export for manufacturing silk goods was worth 227 million USD， an increase of 48.25%， accounting for 68.32%. And its unit price was 13.96 USD/set， an increase of 35.93%.endprint

Major export markets

Exports growth in the United States market continued to fall， and emerging market fared likewise. The top five markets were as follows： EU （worth 705 million USD， an increase of 4.6% year on year， accounting for 21.23%）， US （worth 352 million USD， a reduction from the previous year by 7.94%， accounting for10.59%）， India （worth 287 million USD， an increase of 4.45%， accounting for 8.64%）， Nigeria（worth 259 million USD， an increase of 152.4%， accounting for 7.79%）， and Saudi Arabia （251 million USD， growing from the previous year by 235.41， accounting for 7.55%）.

Export market for silk. The amount of silk exported to India has increased， and Japan market fared likewise； while we saw a decline in the EU market. The top five markets were as follows： India （worth 176 million USD， an increase of 1.48% from the previous year， accounting for 36.07%）， EU （worth 119 million USD， a decline of 11.32%， accounting for 24.44%）， Japan （worth 62.348 million USD， growing by 15.88%， accounting for12.76%）， ASEAN （worth 61.68 million USD， a rise of 3.5%， accounting for 12.62%） and South Korea （worth 18.846 million USD， reducing by 2.12%， accounting for 3.86%）.

Export market for silk fabric. Silk fabric exports remained depressed， and the decline in major export markets tended to expand. Under such a circumstance， the export to India showed a trend of decline. The top five countries and regions were as follows： EU（worth 132 million USD， a decline of 0.31 % from the previous year， accounting for 23.38 %）， Pakistan （worth 121 million USD， a decline of 17.18%， accounting for 21.45%）， India （worth 65.913 million USD， an increase of 19.66%， accounting for 11.69%）， Hong Kong（worth 49.366 million USD， a decrease of 13.74%， accounting for 8.75%）， and South Korea （worth 31.984 million USD， a decrease of 10.95%， accounting for 5.67%）.

Export market for finished silk goods. Finished silk goods in the EU market increased， while decreased in both US and emerging markets. The top five countries and regions were showed as followed： EU （worth 454 million USD， an increase of 11.45% from the previous year， accounting for 20%）， US （worth 329 million USD， a decrease of 7.28%， accounting for 14.5%）. Nigeria （worth 249 million USD， an increase of 143.75%， accounting for 10.99%）， Saudi Arabia （worth 248 million USD， an increase of 234.47%， accounting for 10.93%）， and Ethiopia （worth 198 million USD， an increase of 421.62%， accounting for 8.73%）.endprint

Provincial and municipal exports

Major provincial and municipal exports enjoyed stable growth； while Guangdong export growth continued to fall and other major provinces and cities fared likewise. The rankings of major provinces and cities were as follows： Guangdong （worth 1，652 million USD， an increase of 112.21% from the previous year， accounting for 49.71%）， Zhejiang （worth 732 million USD， a decrease of 9.63%， accounting for 22.03%）. Jiangsu （worth 296 million USD， a decrease of 3.2%， accounting for 8.9%）， Shanghai （worth 160 million USD， a decrease of 6.57%， accounting for 4.83%）， Shandong （worth 123 million USD， a decrease of 7.07%， accounting for 3.7%）. The top five provinces accounted for 89.17% of the countrys total exports.

Imports

From January to November， the total amount of imported silk goods was 171 million USD， a decrease of 4.84% year on year.， accounting for 0.77% of the total import and export of textiles.

Imported commodity structure

Three main categories of imports remain unchanged： exports growth for silk and silk products continuing to increase， while silk fabric decreasing. Exported silk was worth USD 11.277 million， a decrease of 6.44% from the previous year， accounting for 6.58%； and its quality reached 3217.5 tons， a decrease of 4.51%； and the unit price was USD 3.5/kg， a decrease of 2.02%. Exported silk fabric was worth USD 32.418 million， a decrease of 18.42%， accounting for 18.92%. And its unit price was USD 9.15/kg， an increase of 12.87%. Export for finished silk goods was worth USD 128 million， a decrease of 0.47%， accounting for 74.49%. And its unit price was USD 117.87 / set， an increase of 3.07%.

Import sources

Other major import sources continued to show a downward trend ever since EU imports expanded. The top five import sources of real silk goods were as followed： EU （worth 112 million USD， an increase of 6.42% from the previous year， accounting for 65.43%）， China （worth 2，872.3 USD， a decrease of 26.79%， accounting for 16.77%）， South Korea （worth 702.3 million USD， a decrease of 13.93%， accounting for 4.1 %）， India （worth 59.74 million USD， a decrease of 2.36%， accounting for 3.49%）， Japan （worth 4.36 million USD， a decrease of 23.6%， accounting for 2.55%）.

Provincial and municipal imports

The rankings of major import provinces and cities remained unchanged. Import growth in Shanghai and Beijing increased. The details are as follows： Shanghai（worth 106 million USD， an increase of 1.23% from the previous year， accounting for 61.93%）， Guangdong（worth 25.45 million USD， a decrease of 22.54%， accounting for 14.86%）. Beijing （worth 13.496 million USD， an increase of 9.63%， accounting for 7.88%）， Zhejiang （worth 13.445 million USD， a decrease of 2.24%， accounting for 7.85%）. Jiangsu （worth 2.689 million USD， a decrease of 27.25%， accounting for 1.57%）.endprint