1. China’s silk imports and exports in February 2021
According to China Customs statistics, the import and export volume of silk in February was US$121 million, an increase of 141.01% year-on-year. Among them, the export value was 94,855,100 US dollars, a decrease of 17.45% month-on-month, and a year-on-year increase of 148.65%; the import value was 26,363,900 US dollars, a month-on-month decrease of 13.81%, and a year-on-year increase of 117.03%. The specific product composition was as follows:
Export: The amount of silk was 22,223,400 US dollars, a year-on-year increase of 84.52%, and the quantity was 544.82 tons, a year-on-year increase of 134.62%; the amount of silk and satin was 24.048 million US dollars, a year-on-year increase of 162.45%; the amount of finished products was 48,582,800 US dollars, a year-on-year increase of 186.79% .
Import: The amount of silk was 3,108,600 US dollars, a year-on-year increase of 34.98%, and the quantity was 443.21 tons, a year-on-year decrease of 4.36%; the amount of silk and satin was 1,280,500 US dollars, a year-on-year decrease of 29.26%; the amount of finished products was 21,974,800 US dollars, a year-on-year decrease of 173.5% .
2. The overall situation of China’s real silk import and export from January to February
From January to February, China’s total import and export of real silk was US$267 million, an increase of 4.64% year-on-year, accounting for 0.52% of China’s total textile and apparel import and export.
I. Exports
China’s real silk exports were US$210 million, a year-on-year decrease of 6.94%, accounting for 0.44% of China’s textile and apparel exports. During the same period, the export value of textiles and apparel increased by 54.61% year-on-year.
⒈ Export commodity structure
In the first month of 2021, China’s exports of all three types of real silk have fallen sharply, among which exports of silk and satin have fallen by as much as 44%. From January to February, silk exports were US$49 million, a year-on-year decrease of 13.74%, accounting for 23.52%. The export volume was 1117.9 tons, a year-on-year decrease of 1.22%. The export unit price was US$44.14/kg, a year-on-year decrease of 12.66%; real silk satin exports were US$50 million , a year-on-year decrease of 10.81%, accounting for 23.97%, the export unit price was US$5.2/m, a year-on-year decrease of 3.35%; the export of silk finished products was US$110 million, a year-on-year decrease of 1.51%, accounting for 52.50%.
⒉ Main export markets
China’s real silk exports to some major markets in Southeast Asia have increased significantly, while exports to Europe and the United States have narrowed. The top five markets were: the European Union (down 9.32% year-on-year, accounting for 25.58%), the United States (down 12.94% year-on-year, accounting for 18.59%), Japan (up 14.17% year-on-year, accounting for 9.05%), India ( A year-on-year decrease of 37.43%, accounting for 7.36%), Hong Kong (a year-on-year increase of 15.58%, accounting for 7.19%).
⑴Silk export market statistics
The export of silk products to India has maintained a sharp decline. Exports to the EU have increased by 8% year-on-year, and exports to the United States have surged. The top five rankings were: EU (increased by 9.75% year-on-year, accounting for 37.04%), India (down 41.86% year-on-year, accounting for 21.65%), Japan (increased by 5.29% year-on-year, accounting for 12.06%), Madagascar (decreased year-on-year 9.26%, accounting for 8.89%), the United States (a year-on-year increase of 115.20%, accounting for 3.81%).
⑵Satin export market statistics
China’s real silk satin exports to Pakistan continue to maintain substantial growth, and the European Union was the largest export market for China’s silk satin with a weak advantage. The top five countries and regions were: the European Union (a year-on-year decrease of 30.85%, accounting for 20.99%), Pakistan (a year-on-year increase of 81.45%, accounting for 20.77%), India (a year-on-year decrease of 24.15%, accounting for 9.34%), United Arab Emirates (a year-on-year increase of 138.69%, accounting for 5.60%), South Korea (a year-on-year decrease of 52.87%, accounting for 5.22%).
(3) Export markets of silk products
From January to February, China’s exports of silk products to Hong Kong and Japan increased by more than 20% year-on-year, while the decline in exports to other major markets narrowed significantly. The top five countries and regions were: the United States (a year-on-year decrease of 15.10%, accounting for 33.02%), the European Union (a year-on-year decrease of 8.91%, accounting for 22.55%), Hong Kong (a year-on-year increase of 23.87%, accounting for 11.20%), Japan (increased by 23.60% year-on-year, accounting for 9.95%), the United Kingdom (increased by 5.42% year-on-year, accounting for 5.29%).
⒊ Export statistics of China’s provinces and cities
The main exporting provinces and cities of real silk, Jiangsu Province, increased by 11% year-on-year, Shandong Province increased by 4%, and Zhejiang, Guangdong, and Shanghai declined to varying degrees. The rankings of major provinces and cities were: Zhejiang (down 17.17% year-on-year, accounting for 36.01%), Jiangsu (up 11.32% year-on-year, accounting for 17.94%), Guangdong (down 40.76% year-on-year, accounting for 8.53%), Shanghai (down year-on-year, accounting for 8.53%) 20.40%, accounting for 8.07%), Shandong (increased by 3.97% year-on-year, accounting for 6.10%). The total exports of the top 5 provinces and cities accounted for 76.65% of the country’s total exports.
II. Imports
From January to February, China’s real silk imports amounted to US$56,952,700, an increase of 93.09% year-on-year, accounting for 1.38% of textile and apparel imports. In the same period, textile and apparel imports increased by 8.22% year-on-year.
⒈ Structure of imported goods
China’s imports of silk and silk products continued to maintain substantial growth. Silk imports were US$8,176,500, a year-on-year increase of 91.22%, accounting for 14.36%. The import volume was 1114.08 tons, a year-on-year increase of 27.66%. The unit price of imports was US$7.34/kg, a year-on-year increase of 49.80%; real silk satin imports were US$2.2159 million, a year-on-year decrease of 34.72%. , Accounting for 3.89%, the import unit price was 13.54 US dollars/meter, an increase of 4.31%; the import of silk finished products was 46.56 million US dollars, an increase of 113.33%, accounting for 81.75%.
⒉Import source statistics
China’s imports from the European Union continued to expand by 122%, and Uzbekistan surpassed India to become China’s second largest source of silk imports. The top five sources of real silk imports were: the European Union (a year-on-year increase of 121.91%, accounting for 75.81%), Uzbekistan (a year-on-year increase of 235.16%, accounting for 6.52%), India (a year-on-year increase of 55.92%, accounting for 5.86%), China (down 8.53% year-on-year, accounting for 4.70%), Turkey (increasing 298.30% year-on-year, accounting for 1.47%).
⒊Imports of provinces and cities
Shanghai, which ranks first among the major provinces and cities in China’s real silk imports, increased significantly year-on-year and its share continued to increase, with Beijing and Hainan swapping places. The details were as follows: Shanghai (a year-on-year increase of 106.76%, accounting for 73.70%), Zhejiang (a year-on-year increase of 249.16%, accounting for 10.71%), Guangdong (a year-on-year decrease of 15.77%, accounting for 3.55%), Beijing (a year-on-year increase of 38.28%, accounting for Compared with 2.57%), Hainan (increased by 668.51% year-on-year, accounting for 2.35%). The total imports of the top 5 provinces and cities accounted for 92.88% of the country’s total imports.
Source: Texnet