Which Country Exports the Most Raw Silk in the World?

Textile Fibres May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the global raw silk exports amounted to 9K tonnes, jumping by 4% against the previous year level. Overall, raw silk exports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2015, when export increased by 8% from the previous year level. Over the period under review, global raw silk exports attained its maximum volume of 16K tonnes in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, raw silk exports totaled $401M in 2016. Overall, raw silk exports continue to indicate a relatively flat trend pattern. Over the period under review, global raw silk exports attained its maximum level of $448M in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

Top Raw Silk Exporting Countries in the World

1. China (315.7 million USD)

2. Brazil (27.9 million USD)

3. Italy (18.3 million USD)

4. Malaysia (12.0 million USD)

5. Viet Nam (7.4 million USD)

6. United Arab Emirates (0.9 million USD)

Raw Silk Exports By Country

China (6.9K tonnes) dominates in raw silk exports structure, recording 6.9K tonnes, which was near 77% of total exports in 2016. It was distantly followed by Brazil (472 tonnes), constituting 5% share of total raw silk exports. Italy (341 tonnes), Malaysia (274 tonnes), United Arab Emirates (175 tonnes), and Viet Nam (140 tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to raw silk exports from China stood at -7.3%. At the same time, Malaysia (+106.6%), Viet Nam (+31.6%), and Italy (+5.7%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer/exporter in the world, with a CAGR of +106.6% from 2007-2016. By contrast, United Arab Emirates (-4.8%), and Brazil (-6.3%) illustrated a downward trend over the same period. China (76%), and Brazil (4%) significantly strengthened its position in terms of the global exports, while Malaysia saw its share reduced by -3.1% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($316M) remains the largest raw silk supplier in the world, making up 79% of global exports. The second position in the ranking was occupied by Brazil ($28M), with the share of 7% of global exports. It was followed by Italy, with the share of 5%.

In China, raw silk exports plunged by an average annual rate of -0.7% over the period from 2007-2016. In the other countries, the average annual rates were as follows: Brazil (+0.7% per year) and Italy (-1.9% per year).

Raw Silk Export Prices By Country

The average raw silk export price stood at $45 per kg in 2016, shrinking by -3.4% against the previous year. Overall, it indicated a remarkable expansion from 2007 to 2016: the export price value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, raw silk export price decreased by -18.8% against its level of 2013. The most prominent rate of growth was recorded in 2009, when export increased by 38% year-to-year. Global raw silk export peaked of $55 per kg in 2013; however, from 2014 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was Brazil ($59 per kg), while United Arab Emirates ($5,188 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of raw silk export prices was attained by Brazil (+7.4% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global raw silk market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • raw silk market share
  • raw silk prices
  • raw silk industry
  • raw silk sales
  • raw silk import
  • raw silk export
  • raw silk market forecast
  • raw silk price forecast
  • key raw silk producers

All data provided in this article covers the following product: HS Code 5002 - Raw silk (not thrown).

Source: World: Raw Silk (Not Thrown) - Market Report. Analysis and Forecast to 2025