[Silk commodity trade in the 27 EU countries from January to May]
Release date:[2021/8/25] A total of reading[457]time

1. Silk commodity trade in May

   According to statistics from Eurostat, the trade volume of silk commodities in May was US$831 million, a decrease of 12.47% from the previous month and an increase of 60.83% from the same period last year. Among them, the import value was 410 million U.S. dollars, a decrease of 15.66% month-on-month and an increase of 44.19% year-on-year; the export value was 421 million U.S. dollars, a decrease of 9.13% month-on-month and an increase of 81.2% year-on-year. The specific product composition is as follows:

Imports: The amount of silk was US$9,785,100, a decrease of 1.55% from the previous month, and a decrease of 4.54% from the same period last year. The quantity was 203.575 tons, a decrease of 8.42% from the previous month, and a decrease of 1% from the same period last year; %; The amount of finished products was 351 million U.S. dollars, down 16.69% month-on-month and up 48.26% year-on-year.

Export: The amount of silk was 1,255,300 US dollars, down 2.71% month-on-month, and up 17.5% year-on-year. The quantity was 17.049 tons, down 39.01% month-on-month and down 6.43% year-on-year; the amount of silk and satin was US$63,957,600, up 4.95% month-on-month and 38.18 year-on-year growth. %; The amount of finished products was US$356 million, a decrease of 11.29% month-on-month and an increase of 92.32% year-on-year.  

   Second, January-May silk commodity trade situation

   From January to May, the trade volume of silk in the 27 EU countries was US$4.345 billion, a year-on-year increase of 17.54%. Among them, the import value was US$2.213 billion, a year-on-year increase of 6.1%; the export value was US$2.132 billion, a year-on-year increase of 32.35%. The details are as follows:

  Imported commodities consisted of 51,863,400 US dollars, a year-on-year decrease of 16.1%, and the quantity was 1120.58 tons, a year-on-year decrease of 10.89%; silks and satin were 272 million, a year-on-year increase of 9.8%; and finished products were US$1.889 billion, a year-on-year increase of 6.35%.

The main sources of imports are China (amount of US$669 million, an increase of 4.38% year-on-year, accounting for 30.22%), Turkey (amount of US$430 million, an increase of 28.32% year-on-year, accounting for 19.45%), Bangladesh (amount of US$238 million, year-on-year An increase of 0.89%, accounting for 10.74%), India (amount of US$110 million, an increase of 17.76% year-on-year, accounting for 4.99%), Vietnam (amount of US$74,376,600, an increase of 13.29% year-on-year, accounting for 3.36%). The total proportion of the above 5 sources is 68.76%.

  The composition of export commodities was US$5.7492 million, a year-on-year decrease of 10.02%, and the quantity was 124.221 tons, a year-on-year increase of 23.82%; silks and satin were 292 million, a year-on-year increase of 22.32%; finished products were US$1.835 billion, a year-on-year increase of 34.3%.

The main export markets are China (amount of US$287 million, an increase of 262.12% year-on-year, accounting for 13.46%), Switzerland (amount of US$227 million, an increase of 8.2% year-on-year, accounting for 10.66%), the United States (amount of US$223 million, an increase of 13.73 year-on-year) %, accounting for 10.48%), the United Kingdom (amount of US$198 million, a year-on-year decrease of 15.07%, accounting for 9.28%), Hong Kong (amount of US$145 million, a year-on-year increase of 11.79%, accounting for 6.81%). The above five markets together accounted for 50.69%.


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