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Woven fabrics of silk or of silk waste

5007 (Harmonized System 1992 for 4-digit)

2023
World Trade $814MRnk 959 / 1217
2023
Top Exporter | Top Importer $317M | $110MChina | Italy
2023
Product Complexity 0.21Rnk 487 / 1044
2022 - 2023
Export Growth (CAGR) -9.52%Rnk 728 / 1217
2023
Share of World Trade 0.0036%Rnk 959 / 1217

About

Overview This page contains the latest trade data of Silk Fabrics. In 2023, Silk Fabrics were the world's 959th most traded product, with a total trade of $814M. Between 2022 and 2023 the exports of Silk Fabrics decreased by -9.52%, from $900M to $814M. Trade in Silk Fabrics represent 0.0036% of total world trade.

Silk Fabrics are a part of Silk. They include Woven fabric >85% silk (except noil silk), Woven fabric of silk, nes, and Woven fabric of noil silk.

Exports In 2023 the top exporters of Silk Fabrics  were China ($317M), Italy ($197M), France ($55.7M), India ($40.6M), and Uzbekistan ($40.4M).

Imports In 2023 the top importers of Silk Fabrics were Italy ($110M), France ($77M), United States ($43.1M), Tajikistan ($37.1M), and India ($35M).

Ranking Silk Fabrics ranks 487th in the Product Complexity Index (PCI).

Description Silk is a very durable fabric that can be made into a variety of types of clothing. It is often used for dresses, jackets, and other types of clothing. Silk is also commonly used to make ties, scarves, and other accessories.

Latest Trends

Latest Data

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

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

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* 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 (2023)China$317M
Top Destination (2023)Italy$110M

In 2023 Silk Fabrics were the world's 959th most traded product (out of 1,217).

In 2023, the top exporters of Silk Fabrics were China ($317M), Italy ($197M), France ($55.7M), India ($40.6M), and Uzbekistan ($40.4M).

In 2023, the top importers of Silk Fabrics were Italy ($110M), France ($77M), United States ($43.1M), Tajikistan ($37.1M), and India ($35M).

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Exporters of Silk Fabrics (2023)
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Importers of Silk Fabrics (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$9.32M
Top Destination Growth (2022 -  2023)Sri Lanka$28.1M

Between 2022 and 2023, the exports of Silk Fabrics grew the fastest in France ($9.32M), Italy ($5.86M), Spain ($2.86M), Lithuania ($2.71M), and Hong Kong ($776k).

Between 2022 and 2023, the fastest growing importers of Silk Fabrics were Sri Lanka ($28.1M), France ($4.96M), Portugal ($4.76M), United Arab Emirates ($3.89M), and Belarus ($2.82M).

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Exporters of Silk Fabrics (2022 - 2023)

Importers of Silk Fabrics (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Silk Fabrics are explained by 8 countries.

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Value of Exports in Silk Fabrics

Net Trade

TOP NET EXPORTER (2023)China$300M
TOP NET IMPORTER (2023)United States$39.8M

This map shows which countries export or import more of Silk Fabrics. Each country is colored based on the difference in exports and imports of Silk Fabrics during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Silk Fabrics were China ($300M), Italy ($86.7M), Uzbekistan ($40.3M), India ($5.6M), and South Korea ($4.63M).

In 2023, the countries that had a largest trade value in imports than in exports of Silk Fabrics were United States ($39.8M), Tajikistan ($37.1M), Sri Lanka ($31.5M), Madagascar ($30M), and Tunisia ($30M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Silk Fabrics, disaggragated by their HS6 level were Woven fabric >85% silk (except noil... ($637M), Woven fabric of silk, nes ($157M), and Woven fabric of noil silk ($19.9M)

HS6 Disaggregation for Silk Fabrics (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Silk Fabrics by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $8.35M
TOP IMPORT POTENTIALIndia+ $1.17M

Silk Fabrics’s highest export potential is India. With an export gap of $8.35M.  Silk Fabrics’s highest import potential is India with an import gap of $1.17M.

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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Silk Fabrics.

Country by Relatedness

The following visualization shows the relatedness of Silk Fabrics to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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