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Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)

5003 (Harmonized System 1992 for 4-digit)

2023
World Trade $132MRnk 1156 / 1217
2023
Top Exporter | Top Importer $44.7M | $57.1MChina | China
2022 - 2023
Export Growth (CAGR) 24.6%Rnk 45 / 1217
2023
Share of World Trade 0.00058%Rnk 1156 / 1217

About

Overview This page contains the latest trade data of Silk Waste. In 2023, Silk Waste were the world's 1156th most traded product, with a total trade of $132M. Between 2022 and 2023 the exports of Silk Waste grew by 24.6%, from $106M to $132M. Trade in Silk Waste represent 0.00058% of total world trade.

Silk Waste are a part of Silk. They include Silk waste, carded or combed and Silk waste.

Exports In 2023 the top exporters of Silk Waste  were China ($44.7M), India ($34.2M), Germany ($19.5M), Uzbekistan ($17.7M), and Vietnam ($4.37M).

Imports In 2023 the top importers of Silk Waste were China ($57.1M), Italy ($33.7M), Germany ($14.1M), Japan ($3.81M), and United States ($3.64M).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Silk Waste. 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$44.7M
Top Destination (2023)China$57.1M

In 2023 Silk Waste were the world's 1156th most traded product (out of 1,217).

In 2023, the top exporters of Silk Waste were China ($44.7M), India ($34.2M), Germany ($19.5M), Uzbekistan ($17.7M), and Vietnam ($4.37M).

In 2023, the top importers of Silk Waste were China ($57.1M), Italy ($33.7M), Germany ($14.1M), Japan ($3.81M), and United States ($3.64M).

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

Color
Top Origin Growth (2022 -  2023)Germany$13.8M
Top Destination Growth (2022 -  2023)China$11.9M

Between 2022 and 2023, the exports of Silk Waste grew the fastest in Germany ($13.8M), India ($12.5M), China ($5.65M), Italy ($939k), and Azerbaijan ($613k).

Between 2022 and 2023, the fastest growing importers of Silk Waste were China ($11.9M), Italy ($9.65M), Germany ($4.78M), Bulgaria ($2.32M), and Switzerland ($793k).

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Exporters of Silk Waste (2022 - 2023)

Importers of Silk Waste (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.55. This means that most of the exports of Silk Waste are explained by 5 countries.

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Value of Exports in Silk Waste

Net Trade

TOP NET EXPORTER (2023)India$32.7M
TOP NET IMPORTER (2023)Italy$29.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Silk Waste were India ($32.7M), Uzbekistan ($17.7M), Germany ($5.33M), Vietnam ($3.91M), and North Korea ($2.31M).

In 2023, the countries that had a largest trade value in imports than in exports of Silk Waste were Italy ($29.4M), China ($12.4M), Japan ($3.74M), United States ($3.57M), and Bulgaria ($2.55M).

Net Trade (2023)

Country Comparison

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Ranking

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Silk Waste’s highest export potential is N/A. With an export gap of N/A.  Silk Waste’s highest import potential is N/A with an import gap of N/A.

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)

Country by Relatedness

The following visualization shows the relatedness of Silk Waste 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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