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50 (Harmonized System 1992 for 2-digit)

2022
World Trade $1.91BRnk 95 / 96
2022
Top Exporter | Top Importer $914M | $323MChina | Italy
2022
Product Complexity -0.66Rnk 70 / 96
2021 - 2022
Export Growth (CAGR) 24.7%Rnk 6 / 96
2022
Share of World Trade 0.0081%Rnk 95 / 96

About

Overview This page contains the latest trade data of Silk. In 2022, Silk were the world's 95th most traded product, with a total trade of $1.91B. Between 2021 and 2022 the exports of Silk grew by 24.7%, from $1.53B to $1.91B. Trade in Silk represent 0.0081% of total world trade.

Silk are a part of Textiles. They include Silk Fabrics, Raw Silk, Non-Retail Silk Yarn, Silk Waste Yarn, Silk Waste, Retail Silk Yarn, and Silk-worm Cocoons.

Exports In 2022 the top exporters of Silk  were China ($914M), Italy ($264M), Vietnam ($148M), Uzbekistan ($94.1M), and Romania ($87.3M).

Imports In 2022 the top importers of Silk were Italy ($323M), India ($305M), France ($112M), Japan ($102M), and Romania ($95.5M).

Ranking Silk ranks 70th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$914M
Top Destination (2022)Italy$323M

In 2022 Silk were the world's 95th most traded product (out of 96).

In 2022, the top exporters of Silk were China ($914M), Italy ($264M), Vietnam ($148M), Uzbekistan ($94.1M), and Romania ($87.3M).

In 2022, the top importers of Silk were Italy ($323M), India ($305M), France ($112M), Japan ($102M), and Romania ($95.5M).

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Exporters of Silk (2022)
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Importers of Silk (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$263M
Top Destination Growth (2021 -  2022)India$139M

Between 2021 and 2022, the exports of Silk grew the fastest in China ($263M), Italy ($46.8M), Vietnam ($36.6M), Romania ($25.1M), and Uzbekistan ($15.9M).

Between 2021 and 2022, the fastest growing importers of Silk were India ($139M), Italy ($82.5M), Romania ($35.4M), Tajikistan ($31.1M), and Vietnam ($25.4M).

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Exporters of Silk (2021 - 2022)

Importers of Silk (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silk.

In 2022, market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Silk are explained by 7 countries.

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Value of Exports in Silk

Net Trade

TOP NET EXPORTER (2022)China$823M
TOP NET IMPORTER (2022)India$219M

This map shows which countries export or import more of Silk. Each country is colored based on the difference in exports and imports of Silk during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Silk were China ($823M), Uzbekistan ($94M), Vietnam ($57.5M), Brazil ($26.4M), and North Korea ($12.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Silk were India ($219M), Japan ($69.6M), United States ($67.1M), France ($62.6M), and Pakistan ($59.7M).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Silk, disaggragated by their HS6 level were Silk Fabrics ($970M), Raw Silk ($462M), Non-Retail Silk Yarn ($246M), Silk Waste Yarn ($105M), and Silk Waste ($104M)

HS6 Disaggregation for Silk (2022)
[Click to Select]

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Silk.
It is possible to select the main countries that export or import Silk in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Silk by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $16.2M
TOP IMPORT POTENTIALIndia+ $1.26M

Silk’s highest export potential is India. With an export gap of $16.2M.  Silk’s highest import potential is India with an import gap of $1.26M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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