2022
Exports
$412kWorld Rnk 49 / 138
Flag Rnk 95 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$5.46MWorld Rnk 44 / 196
Flag Rnk 96 / 96
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $412k in Silk, making it the 49th largest exporter of Silk in the world. At the same year, Silk was the 95th most exported product in Australia. The main destination of Silk exports from Australia are: France ($86.8k), Hong Kong ($78.2k), Philippines ($65.7k), New Zealand ($33k), and Japan ($24.4k).

The fastest growing export markets for Silk of Australia between 2021 and 2022 were Philippines ($65.7k), Japan ($24.4k), and Hong Kong ($23.7k).

Imports In 2022, Australia imported $5.46M in Silk, becoming the 44th largest importer of Silk in the world. At the same year, Silk was the 96th most imported product in Australia. Australia imports Silk primarily from: China ($3.41M), India ($557k), Italy ($438k), Turkey ($342k), and United Kingdom ($160k).

The fastest growing import markets in Silk for Australia between 2021 and 2022 were Turkey ($191k), United Kingdom ($69.7k), and Malaysia ($68.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Silk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$412k
IMPORTS (2022)$5.46M
NET TRADE (2022)-$5.05M

In 2022, Australia exported $412k in Silk. The main destinations of Australia exports on Silk were France ($86.8k), Hong Kong ($78.2k), Philippines ($65.7k), New Zealand ($33k), and Japan ($24.4k).

In 2022, Australia imported $5.46M in Silk, mainly from China ($3.41M), India ($557k), Italy ($438k), Turkey ($342k), and United Kingdom ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Philippines$65.7k (1%)
Japan$24.4k (1%)
Hong Kong$23.7k (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Australia WERE (2021 - 2022):
France-$171k (-66.3%)
United States-$22.9k (-87.1%)
United Arab Emirates-$18.3k (-68.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Silk were:
In 2022, Australia's main importing competitors in Silk were:
Italy $323M
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.7k
TOP IMPORT POTENTIALChina+ $295k

Silk’s highest export potential is China. With an export gap of $17.7k.   Silk’s highest import potential is China with an import gap of $295k.

See methodology.

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