2022
Exports
$86MWorld Rnk 6 / 138
Flag Rnk 88 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$305MWorld Rnk 2 / 196
Flag Rnk 68 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $86M in Silk, making it the 6th largest exporter of Silk in the world. At the same year, Silk was the 88th most exported product in India. The main destination of Silk exports from India are: China ($18.2M), United Arab Emirates ($18.2M), United States ($14.2M), United Kingdom ($6.26M), and Italy ($4.79M).

The fastest growing export markets for Silk of India between 2021 and 2022 were Singapore ($2.47M), United Kingdom ($775k), and France ($729k).

Imports In 2022, India imported $305M in Silk, becoming the 2nd largest importer of Silk in the world. At the same year, Silk was the 68th most imported product in India. India imports Silk primarily from: China ($176M), Vietnam ($113M), Burma ($4.62M), Uzbekistan ($4.36M), and Brazil ($3.66M).

The fastest growing import markets in Silk for India between 2021 and 2022 were China ($104M), Vietnam ($35.6M), and Uzbekistan ($2.64M).

COMPANIES In 2023, leading companies such as Amazon (3) were at the forefront of shipping Silk from India to the United States.

Latest Trends

Aug 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)$86M
IMPORTS (2022)$305M
NET TRADE (2022)-$219M

In 2022, India exported $86M in Silk. The main destinations of India exports on Silk were China ($18.2M), United Arab Emirates ($18.2M), United States ($14.2M), United Kingdom ($6.26M), and Italy ($4.79M).

In 2022, India imported $305M in Silk, mainly from China ($176M), Vietnam ($113M), Burma ($4.62M), Uzbekistan ($4.36M), and Brazil ($3.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR India WERE (2021 - 2022):
Singapore$2.47M (254%)
United Kingdom$775k (14.1%)
France$729k (40.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY India WERE (2021 - 2022):
China-$12.4M (-40.5%)
United Arab Emirates-$4.71M (-20.6%)
United States-$3.12M (-18%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.73M
TOP IMPORT POTENTIALChina+ $16.2M

Silk’s highest export potential is Italy. With an export gap of $1.73M.   Silk’s highest import potential is China with an import gap of $16.2M.

See methodology.

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