1. Silk trade in May

According to the statistics of the U.S. Department of Commerce, the trade volume of silk goods in May was USD 409 million, with a month-on-month decline of 6.77 percent and a year-on-year growth of 113.48 percent. Among them, the import value was USD 357 million, down 7.01 percent month-on-month and up 106.12 percent year-on-year. The export value was USD 52.283 million, down 5.11 percent month-on-month and up 182.2 percent year-on-year. The specific commodity is as follows:

 

Import: the amount of silk was USD 867,100, down 18.16 percent month-on-month, up 86.27 percent year-on-year; the quantity was 16.41 tons, down 31.29 percent month-on-month, up 64.08 percent year-on-year; the amount of silk and satin was USD 18.6556 million, up 20.62 percent month-on-month and up 66.67 percent year-on-year; the amount of finished goods was USD 337 million, down 8.14 percent month-on-month and up 108.91 percent year-on-year.

 

Export: the amount of silk was USD 102,600, up 175.72 percent month-on-month and down 50.93 percent year-on-year.; the quantity was 3.34 tons, up 94.58 percent month-on-month and down 24.59 percent year-on-year.; the amount of silk and satin was USD 17.1368 million, up 3.87 percent month-on-month and up 195.8 percent year-on-year; the amount of finished goods was USD 35.0436 million, down 9.13 percent month-on-month and up 179.79 percent year-on-year.

 

2. Silk trade from January to May

 

From January to May, the U.S. silk trade value was USD 2.035 billion, a year-on-year increase of 20.89 percent. Among them, the import value was USD 1.786 billion, a year-on-year increase of 17.82 percent; the export value was USD 248 million, a year-on-year increase of 48.76 percent. Details are as follows:

 

Import: the amount of silk was USD 4,416,100, up 54.44 percent year-on-year; the quantity was 92.44 tons, up 87.77 percent year-on-year; the amount of silk and satin was USD 80,347,200, with a year-on-year increase of 13.41 percent; the amount of finished goods was USD 1.701 billion, up 17.96 percent year-on-year.

 

The main sources of imports are China (USD 542 million, up 13.4 percent year-on-year, accounting for 30.35 percent), Vietnam (USD 131 million, down 4.31 percent year-on-year, accounting for 7.32 percent), India (USD 117 million, up 19.64 percent year-on-year, accounting for 6.54 percent), Italy (USD 96.2978 million, up 21.42 percent year-on-year, accounting for 5.39 percent), Honduras (USD 84.4641 million, up 88.95 percent year-on-year, accounting for 4.73 percent). The total proportion of the above five sources was 54.33 percent.

 

Export: the amount of silk was USD 378,900, down 44.09 percent year-on-year, and the quantity was 49.17 tons, up 140.93 percent year-on-year; the amount of silk and satin was USD 77.8036 million, up 16.83 percent year-on-year; the amount of finished goods was USD 170 million, up 70.71 percent year-on-year.

 

The main export markets are Mexico (USD 85.187,100, up 132.51 percent year-on-year, accounting for 34.29 percent), Canada (USD 45.320,200, up 37.96 percent year-on-year, accounting for 18.24 percent), Honduras (USD 24.157,400, up 66.9 percent year-on-year, accounting for 9.72 percent), El Salvador (USD 10,761 million, up 120.48 percent year-on-year, accounting for 4.33 percent), and Dominican Republic (USD 7,9451 million, up 49.61 percent year-on-year, accounting for 3.2 percent). The above 5 markets accounted for 69.78 percent.