Overview: In 2018, Silk Fabrics were the world's 875th most traded product, with a total trade of $1.18B. Between 2017 and 2018 the exports of Silk Fabrics grew by 24.3%, from $946M to $1.18B. Trade in Silk Fabrics represent 0.0064% of total world trade.
Exports: In 2018 the top exporters of Silk Fabrics were China ($589M), Italy ($222M), France ($62.4M), India ($54M), and Japan ($46.3M).
Imports: In 2018 the top importers of Silk Fabrics were Italy ($183M), Pakistan ($100M), United States ($81.2M), France ($72.3M), and Hong Kong ($66.2M).
Tariffs: In 2018 the average tariff for Silk Fabrics was 13.2%, been the 262 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Silk Fabrics are Iran (70%), Ethiopia (34.7%), Cape Verde (30%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).
Ranking: Silk Fabrics ranks 262nd in the Product Complexity Index (PCI).