It has multiple applications in the fashion industry, from stitching blouses and scarves to elegant and trending dresses. The globally increasing demand for silk has promoted the import rate which has led to a global import value of 28.2 billion US dollars in 2023, the import of 2022 and 2021 is worth 20 billion US dollars and 17 billion US dollars. The top traders supporting the import trade of silk at a global rate are (China - USD 4 billion), (India - USD 2 billion), (Italy - USD 900 million), (Japan- USD 800 million), (South Korea - USD 600 million).

The increasing demand for silk in the fashion industries of different countries across the world is also boosting the production rate of the top silk manufacturers which is leading to a higher number of exports. The export trade value of silk in 2023 is 30 billion US dollars which is significantly higher from the trade value of 25 billion US dollars and 19 billion US dollars in 2022 and 2021. The top exporters of silk supporting its global trade are (China - USD 6 billion), (India – USD 4 billion), (Thailand - USD 1.8 billion), (Italy - USD 800 million), (Japan - USD 700 million).

Top Importers of Silk 2023

The globally increased demand for silk in the fashion industry is demanding a higher amount of imports indulging many top traders to import it in a huge amount. As per the Global Silk Import Data, the import trade value of the top importers in 2023 are discussed below,

• China – As per the China Import Data, the import trade value of silk in 2023 is 4 billion US dollars.

• India – As per the India Import Data, the import trade value of silk in 2023 is 2 billion US dollars.

• Italy – As per the Italy Import Data, the import trade value of silk in 2023 is 900 million US dollars.

• Japan – As per the Japan Import Data, the import trade value of silk in 2023 is 800 million US dollars.

• South Korea – As per the South Korea Import Data, the import trade value of silk in 2023 is 600 million US dollars.

• Germany – As per the Germany Import Data, the import trade value of silk in 2023 is 400 million US dollars.

• United Kingdom – As per the United Kingdom Import Data, the import trade value of silk in 2023 is 300 million US dollars.

• France – As per the France Import Data, the import trade value of silk in 2023 is 200 million US dollars.

• Greece – As per the Greece Import Data, the import trade value of silk in 2023 is 150 million US dollars.

• United States – As per the USA Import Data, the import trade value of silk in 2023 is 100 million US dollars.

Top Exporters of Silk 2023

The reason behind the increasing export of silk is the growing global demand; as per the Global China Export Data the trade value of the top 10 traders with its trade values are discussed below,

• China – According to the China Export Data, the export trade value of silk from China in 2023 is 6 billion US dollars.

• India – According to the India Export Data, the export trade value of silk from China in 2023 is 4 billion US dollars.

• Thailand – According to the Thailand Export Data, the export trade value of silk from China in 2023 is 1.8 billion US dollars.

• Italy – According to the Italy Export Data, the export trade value of silk from China in 2023 is 800 million US dollars.

• Japan – According to the Japan Export Data, the export trade value of silk from China in 2023 is 700 million US dollars.

• Uzbekistan – According to the Uzbekistan Export Data, the export trade value of silk from China in 2023 is 600 million US dollars.

• Brazil – According to the Brazil Export Data, the export trade value of silk from China in 2023 is 500 million US dollars.

• Vietnam – According to the Vietnam Export Data, the export trade value of silk from China in 2023 is 400 million US dollars.

• France – According to the France Export Data, the export trade value of silk from China in 2023 is 300 million US dollars.

• South Korea - According to the South Korea Export Data, the export trade value of silk from China in 2023 is 200 million US dollars.

Top Leading Producers of Silk 2023

The Global Silk Customs Shipment Data enlists the below-mentioned as the leading producers of silk in 2023, its production values are discussed below

• China National Silk Imp & Exp Corp – The total value of silk produced by China National Silk Imp & Exp Corp in 2023 is worth 27 billion US dollars.

• Sericulture Industries Company – The total value of silk produced by Sericulture Industries Company in 2023 is worth 11 billion US dollars.

• Anhui Silk Co Ltd – The total value of silk produced by Anhui Silk Co Ltd in 2023 is worth 6 billion US dollars.

• Thai Silks Co Ltd – The total value of silk produced by Thai Silks Co Ltd in 2023 is worth 5 billion US dollars.

• Somang Textiles Co Ltd – The total value of silk produced by Somang Textiles Co Ltd in 2023 is worth 3 billion US dollars.

• Zhejiang Jiaxin Silk Corp Ltd – The total value of silk produced by Zhejiang Jiaxin Silk Corp Ltd in 2023 is worth 2 billion US dollars.

• Sichuan Nanchong Ronghui Textile Co Ltd – The total value of silk produced by Sichuan Nanchong Ronghui Textile Co Ltd in 2023 is worth 1.5 billion US dollars.

• Khyber Industries Pvt Ltd – The total value of silk produced by Khyber Industries Pvt Ltd in 2023 is 1 billion US dollars.

• Thai Tussah Silk Co Ltd – The total value of silk produced by Thai Tussah Silk Co Ltd in 2023 is 800 million US dollars.

• Cambodian Silk Co., Ltd – The total value of silk produced by Cambodian Silk Co., Ltd in 2023 is worth 500 million US dollars.

FAQ’s

Que. Who is the leading producer of Silk in 2023?
Ans. China National Silk Imp & Exp Corp is the top producer of silk in 2023.

Que. What is the export value of silk in 2023?
Ans. The export value of silk in 2023 is 30 billion US dollars.

Que. Where can you get a detailed trade analysis of the silk trade in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of silk in 2023.

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