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India's Import And Export Of Silk Goods From January To November 2018

Feb 20, 2019

I. trade of silk goods in November


According to statistics from the ministry of commerce and industry of India, the trade volume of silk goods in November was 293 million us dollars, down 6.2% month-on-month and up 16.62% year-on-year.

Among them, the import volume was us $34.986 million, down 20.31 percent month on month and 18.16 percent year on year.

Exports were $258 million, down 3.89 percent month-on-month and up 23.75 percent year-over-year.

The specific commodity composition is as follows:


Imports: the amount of silk products was 11.851 million us dollars, down 35.57% month on month and 32.46% year on year, and the quantity was 224.04 tons, down 40.33% month on month and 33.59% year on year.

The amount of silks and satins was $10.3476 million, up by 1.67% month on month and down by 38.69% year on year.

The amount of manufactured goods was us $12.7874 million, down 16.6 percent month-on-month and up 53.58 percent year-on-year.


Export: the amount of silk products was $1,268,400, down 30.64% month on month and 17.04% year on year, and the quantity was 161.12 tons, down 35.02% month on month and 34.34% year on year.

The amount of silks and satins was us $16.1877 million, up 0.49% month-on-month and 27.26% year-on-year.

The amount of manufactured goods was $241 million, down 3.98 percent month-on-month and up 23.84 percent year-on-year.


Ii. Silk trade from January to November


In the january-november period, India's silk trade volume was us $3.46 billion, down 5.8 percent year-on-year.

Of these, imports amounted to us $474 million, up 14.58 percent year-on-year.

Exports were $2.986 billion, down 8.39 percent year-on-year.

The details are as follows:


Imports of silk products amounted to 155 million us dollars, down 17.51 percent year on year, and the quantity of 2876.4 tons, down 29.07 percent year on year.

There were 186 million silks and satins, up 35.4 percent year-on-year.

Manufactured goods totaled us $132 million, up 50.86 percent year-on-year.


Import main sources for China (amount is $310 million, up 8.99% year on year, more than 65.39%), Vietnam (amount is $64.5886 million, up 58.43% year on year, more than 13.62%), Sri Lanka (amount is $20.8116 million, fell 14.32% year on year, more than 4.39%), Hong Kong (amount is $14.6899 million, up 10.23% year on year, accounted for 3.1%), Bangladesh (amount is $12.5379 million, up 157.39% from a year earlier, accounting for more than 2.64%.

The above five sources account for 89.14% of the total.


The export commodity composition was 21,306,300 us dollars, up 45.44% year on year, and the quantity was 2,384.08 tons, up 20.67% year on year.

There were 162 million silks and satins, up 20.62 percent year-on-year.

Manufactured goods totaled us $2.803 billion, down 9.89 percent year-on-year.


Mainly export market for U.S. (amount is $1.107 billion, up 14.49% year on year, more than 37.08%), the united Arab emirates (the amount of $369 million, fell 50.46% year on year, more than 12.35%), Britain (amount is $175 million, up 6.45% year on year, more than 5.86%), Germany (the amount of $166 million, fell 22.95% year on year, accounted for 5.54%), Spain (the amount of $98.2317 million, fell 11.61% year on year, accounted for 3.29%).

The above five markets together account for 64.12%.