Foreign Trade Information: Silk Goods Import And Export Of 27 EU Countries From January To October 2020

I. silk commodity trade in October

According to the statistics of Eurostat, the trade volume of silk goods in October was $801 million, down 2.01% month on month and 8.74% year on year. Among them, the import value was 376 million US dollars, with a month on month decrease of 9.84% and a year-on-year decrease of 9.57%; the export volume was 425 million US dollars, with a month on month increase of 6.15% and a year-on-year decrease of 7.99%. The specific commodity composition is as follows:

Import: the amount of silk was US $13.5341 million, up 62.89% month on month, down 13.14% year-on-year. The quantity of silk was 287 tons, up 64% month on month and 2.38% year on year. The amount of silk was 58.5554 million US dollars, down 13.08% month on month and 9.11% year on year. The amount of finished products was 304 million US dollars, down 10.97% month on month and 9.5% year on year.

Export: the amount of silk was US $2.9564 million, with a month on month increase of 92.16%, a year-on-year increase of 35.99%, and a volume of 44 tons, with a month on month increase of 109.52%, a year-on-year decrease of 0%; the amount of silk was $71.7155 million, with a month on month increase of 35.68%, a year-on-year decrease of 15.71%; and the amount of finished products was $351 million, with a month on month increase of 1.26% and a year-on-year decrease of 6.5%.

2. Silk commodity trade from January to October

From January to October, the silk trade volume of 27 EU countries was 7.766 billion US dollars, a year-on-year decrease of 18.87%. Among them, the import value was 4.154 billion US dollars, a year-on-year decrease of 18.34%; the export volume was 3.612 billion US dollars, a year-on-year decrease of 19.47%. The details are as follows:

The composition of imported commodities was US $113 million, with a year-on-year decrease of 21.44%, the quantity of 2294 tons, a year-on-year decrease of 18.19%; the amount of silk 523 million, a year-on-year decrease of 18.99%; and the finished products of US $3.518 billion, a year-on-year decrease of 18.14%.

The main sources of imports were China (US $1.291 billion, a year-on-year decrease of 22.27%, accounting for 31.08%), Turkey (US $739 million, a year-on-year decrease of 17.18%, accounting for 17.79%), Bangladesh (with an amount of US $370 million, a year-on-year decrease of 18.95%, accounting for 8.91%), the United Kingdom (US $237 million, a year-on-year decrease of 23.42%, accounting for 5.71%), Cambodia (with a value of US $172 million, a year-on-year decrease of 15.4% 8%, accounting for 4.13%. The total proportion of the above five sources was 67.62%.

The composition of export commodities was 14.1193 million U.S. dollars of silk, with a year-on-year decrease of 9.33%, 213 tons of silk, a year-on-year decrease of 21.69%, silk and satin of 518 million, a year-on-year decrease of 21.05%, and manufactured goods of $3.079 billion, a year-on-year decrease of 19.25%.

The main export markets were the United Kingdom (US $578 million, down 20.07% year-on-year, accounting for 15.99%), Switzerland (US $433 million, down 11.78% year-on-year, accounting for 12%), the United States (US $420 million, a year-on-year decrease of 20.74%, accounting for 11.62%), Hong Kong (US $288 million, a year-on-year decrease of 24.24%, accounting for 7.96%), Russia (US $240 million, a year-on-year decrease of 8.35%, accounting for 6.65%) 。 The above five markets together accounted for 54.22%.