Silk: woven fabrics n.e.c. in heading no. 5007

In 2024, silk: woven fabrics n.e.c. in heading no. 5007 trade exhibited significant decline, with global flows reaching $114,542,362 and a three-year compound annual growth rate of -0.9% (five-year: -6.2%). The all-time peak of $313,699,721 was recorded in 2008; the current level is 63% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+4.7% acceleration).

The World Trade Flows Characterization classifies silk: woven fabrics n.e.c. in heading no. 5007 as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.243). The three largest exporters — Italy ($45.3M), China ($34.4M), and India ($11.9M) — collectively dominate supply flows. The leading exporter has grown at +1.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.050). The three largest import markets are France ($16.7M), Pakistan ($9.7M), and Italy ($7.3M). The largest importing market sources from 46 different supplying countries.

The dominant trade corridor is Italy → France at $14.6M, representing 87.4% of the importer's total demand.

The volatility score for silk: woven fabrics n.e.c. in heading no. 5007 is 8 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.