From January to April, China’s total import and export of real silk commodities was USD 473 million, a year-on-year decrease of 23.94%, accounting for 0.62% of China’s total textile and apparel imports and exports.

 

The export value of real silk commodities was USD 413 million, a year-on-year decrease of 23.91%, accounting for 0.61% of our textile and apparel exports. Over the same period, exports of textiles and apparel fell by 10.23% year-on-year.

 

● Export commodity structure

The decline in exports of silk and satin has increased significantly, while the decline in exports of silk products has narrowed slightly. From January to April, silk exports decreased by 12.29% year-on-year, accounting for 28.24%, the number of exports decreased by 18.13% year-on-year, and the export unit price increased by 7.14% year-on-year; the export of real silk satin decreased by 25.23%, accounting for 25.97%, and the export unit price decreased by 9.04% year-on-year; the export of silk products decreased by 29% year-on-year, accounting for 45.8%, and the unit price of exports increased by 3.26% year-on-year.

 

● Main export markets

The main export markets for real silk commodities are stable, and the export value has declined to varying degrees year-on-year, of which exports to Europe and the United States have fallen by more than 20%. The top five markets in order are: EU (down 22.62% year-on-year, accounting for 26.88%), the United States (down 21.67% year-on-year, accounting for 18.74%), India (down 10.66% year-on-year, accounting for 10.71%), Japan (down 18.47% year-on-year, accounting for 8.08%), Hong Kong (down 22.54%, accounting for 6.89%).

 

● Export situation of provinces and cities

Exports of major exporting provinces and cities have decreased significantly, with Zhejiang falling by 27% year-on-year, a significant increase from the previous month. The ranking of major provinces and cities is as follows: Zhejiang (down 27.27% year-on-year, accounting for 38.66%), Jiangsu (down 25.19% year-on-year, accounting for 15.95%), Guangdong (down 27.61%, accounting for 11.98%), and Shanghai (down 2.79% year-on-year, accounting for 9.68%), Shandong (down 19.13% year-on-year, accounting for 6.92%). The total exports of the top five provinces and cities accounted for 83.19% of the total national exports.

 

● Trade methods

Exports under general trade account for more than 90%. The export of general trade methods was USD 379 million, down 23.84% year-on-year, accounting for 91.77%; the export of other trade methods was USD 3.398 million, down 77.75% year-on-year, accounting for 0.82%.

 

From January to April, the import value of real silk commodities was USD 60.329 million, a year-on-year decrease of 24.12%, accounting for 0.77% of textile and apparel imports. Over the same period, textile and apparel imports fell by 1.2% year-on-year.

 

● Import commodity structure

The imports of silk have changed from rising to falling year-on-year, and the decline in the imports of silk and silk products increased. Silk imports decreased by 4.47% year-on-year, accounting for 11.64%, the number of imports increased by 8.54% year-on-year, and the unit price of imports decreased by 11.99% year-on-year; imports of real silk satin decreased by 31.69% year-on-year, accounting for 10.36%, and the unit price of imports increased by 19.16%; the import of silk products fell by 25.66% year-on-year, accounting for 77.64%, and the unit price of imports fell by 1.66% year-on-year.

 

● Provincial and municipal imports

The growth rate of imports in Jiangsu Province declined, while other major import provinces and cities declined year-on-year. The details are as follows: Shanghai (down 20.94% year-on-year, accounting for 72.26%), Guangdong (down 39.86% year-on-year, accounting for 7.38%), Zhejiang (down 31.21% year-on-year, accounting for 5.34%), Beijing (down 55.76% year-on-year, accounting for 3.83%), Jiangsu (up 6.27% year-on-year, accounting for 2.78%). The total imports of the top five provinces and cities accounted for 91.59% of the national total imports.