SunSirs: Silk Imports and Exports Showed Significant Growth in January–February
March 27 2026 14:37:47 SunSirs (John)
According to customs statistics, the total value of imports and exports of genuine silk products for the period of January through February amounted to US$296 million, representing a year-on-year increase of 14.36% and accounting for 0.55% of the country's total textile and apparel trade. Specifically, export value reached US$251 million—up 15.39% year-on-year—constituting 0.50% of total textile and apparel exports; meanwhile, import value stood at US$45.3623 million—up 9.01% year-on-year—accounting for 1.38% of total textile and apparel imports.
Analysis and Commentary
Raw Silk
In January and February, the export value of silk fabrics rose by 15.39% year-on-year, while the import value increased by 9.01%. This indicates robust domestic and international demand—with export growth being particularly outstanding—which is expected to directly boost demand in the raw silk spot market. As raw silk serves as a primary material for silk products, its spot prices may rise due to tight supply-demand conditions; while these bullish factors are significant, it remains crucial to monitor the sustainability of future market data.
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