Silk Fabrics in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $435M in Silk Fabrics, making it the 1st largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 606th most exported product in China. The main destination of Silk Fabrics exports from China are: Italy ($116M), Pakistan ($51.5M), India ($34.1M), South Korea ($25M), and Hong Kong ($23.6M).

The fastest growing export markets for Silk Fabrics of China between 2021 and 2022 were Italy ($43.6M), Pakistan ($8.05M), and Afghanistan ($7.05M).

Imports In 2022, China imported $22.5M in Silk Fabrics, becoming the 13th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 908th most imported product in China. China imports Silk Fabrics primarily from: Uzbekistan ($6.51M), Italy ($5.93M), Japan ($3.12M), China ($1.69M), and South Korea ($1.67M).

The fastest growing import markets in Silk Fabrics for China between 2021 and 2022 were Uzbekistan ($4.93M), United Arab Emirates ($865k), and South Korea ($742k).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (5) and MICHAEL KORS USA INC (1) were at the forefront of shipping Silk Fabrics from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Silk Fabrics exports accounted up to $23.4M and imports accounted up to $1.09M, resulting in a positive trade balance of $22.3M. Between March 2023 and March 2024 the exports of China's Silk Fabrics have decreased by $-10.6M (-31.2%) from $33.9M to $23.4M, while imports decreased by $-88.7k (-7.55%) from $1.18M to $1.09M.

Destinations In March 2024, Silk Fabrics were exported mostly to Italy ($4.8M), Hong Kong ($3.6M), Sri Lanka ($2.87M), India ($2.17M), and Turkey ($1.76M), and were imported mostly from Italy ($636k), China ($107k), Japan ($104k), South Korea ($103k), and San Marino ($48.8k).

Growth In March 2024, the decrease in Silk Fabrics's year-by-year exports was explained primarily by a decrease in exports to Pakistan ($-3.86M or -34.3%), Vietnam ($-2.68M or -80.7%), and Afghanistan ($-2.17M or -63%). In March 2024, the decrease in Silk Fabrics's year-by-year imports was explained primarily by a decrease in imports from China ($-166k or -96.7%), South Korea ($-93.4k or -85.4%), and Japan ($-38.6k or -23.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-10.6M(-31.2%)

IMPORT GROWTH (March 2023 - March 2024)$-88.7k(-7.55%)

MAIN EXPORTER (March 2024)Zhejiang Province$12.8M

MAIN DESTINATION (March 2024)Italy$4.8M

This section shows Silk Fabrics's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Silk Fabrics over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$435M

IMPORTS (2022)$22.5M

NET TRADE (2022)$413M

In 2022, China exported $435M in Silk Fabrics. The main destinations of China exports on Silk Fabrics were Italy ($116M), Pakistan ($51.5M), India ($34.1M), South Korea ($25M), and Hong Kong ($23.6M).

In 2022, China imported $22.5M in Silk Fabrics, mainly from Uzbekistan ($6.51M), Italy ($5.93M), Japan ($3.12M), China ($1.69M), and South Korea ($1.67M).

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