1. US imports of silk products from China in April
According to the statistics of the U.S. Department of Commerce, the import value of silk products from China in April was 104 million US dollars, a year-on-year decrease of 26.20%, and a month-on-month increase of 8.0%, accounting for 25.26% of global imports. .
The details are as follows:
Silk: imports from China amounted to US$47,400, a year-on-year increase of 71.78%, and a month-on-month decrease of 91.74%, with a market share of 7.01%, falling from the first import source to the sixth place; the import volume was 1.29 tons, a year-on-year increase of 115.55%, and a month-on-month increase of 115.55%. A decrease of 93.30%, with a market share of 12.34%.
Silk and satin: imports from China amounted to US$3.6478 million, a year-on-year increase of 9.17%, and a month-on-month increase of 63.05%, with a market share of 18.96%, still ranking second in the source of imports, with an increase in proportion.
Manufactured products: imports from China amounted to US$101 million, a year-on-year decrease of 28.44%, a month-on-month increase of 7.30%, and a market share of 25.60%.
2. From January to April, the United States imported silk products from China
From January to April 2023, the United States imported US$477 million of silk products from China, a year-on-year decrease of 27.02%, accounting for 25.85% of global imports, ranking first in the source of silk product imports in the United States. Where:
Silk: imports from China amounted to US$1.6137 million, a year-on-year increase of 7.40%, with a market share of 32.71%, ranking first in the import source of silk; the volume was 45.37 tons, a year-on-year increase of 40.57%, and a market share of 46.82%.
Silk and satin: imports from China amounted to US$12.0578 million, a year-on-year decrease of 37.31%, with a market share of 18.02%, ranking second in the import source of silk and satin.
Manufactured products: imports from China amounted to US$464 million, a year-on-year decrease of 26.79%, with a market share of 26.13%, ranking first in the source of imports.
3. Situation of US importing silk products from China subject to 10% tariff
Since 2018, the United States has imposed a 10% import tariff on cocoon silk and satin products with 25 8-digit customs codes from China. It includes 1 silkworm cocoon, 7 silk items (actually including 8 10-digit codes), and 17 silk and satin items (actually including 37 10-digit codes).
1. Situation of U.S. imports of Chinese silk products subject to additional tariffs in April
In April, the United States imported 10% tariffs on silk products from China worth 720,300 US dollars, a year-on-year increase of 19.26% and a month-on-month decrease of 24.02%. The market share is 13.53%, and the share continues to decline.
The details are as follows:
Silkworm cocoons: Imported from China is zero.
Silk: imports from China amounted to US$47,400, a year-on-year increase of 71.78%, and a month-on-month decrease of 91.74%, with a market share of 7.01%, falling from the first import source to the sixth place; the import volume was 1.29 tons, a year-on-year increase of 115.55%, and a month-on-month increase of 115.55%. A decrease of 93.30%, with a market share of 12.34%.
Silk and satin: imports from China amounted to US$672,800, a year-on-year increase of 16.74%, a month-on-month increase of 80.26%, and a market share of 14.48%. The volume was 84,000 square meters, a year-on-year increase of 37.44%.
2. From January to April, the United States imported tariffs on silk products from China
From January to April, the United States imported 3.964 million US dollars of silk products subject to 10% tariffs from China, a year-on-year decrease of 19.16%, with a market share of 17.70%, ranking third among import sources. Where:
Silkworm cocoons: Imported from China is zero.
Silk: imports from China amounted to US$1.6137 million, a year-on-year increase of 7.40%, with a market share of 32.71%, ranking first in the import source of silk; the volume was 45.37 tons, a year-on-year increase of 40.57%, and a market share of 46.82%.
Silk and satin: imports from China amounted to US$2,350,200, a year-on-year decrease of 30.90%, with a market share of 13.46%, ranking fourth as an import source. The volume was 311,300 square meters, a year-on-year decrease of 20.04%.
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