# Silk (HS2 50) Sector Trade Overview | Yugalinks

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Silk at HS2 50, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/50

## Answer

The silk sector recorded $1.6B in reported global trade in 2024, with -7.4% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $1.6B |
| Latest annual change | -7.4% |
| Active exporters | 146 |
| Active importers | 184 |
| Active HS6 products | 9 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $3.0B | 2,227 | 9 |
| 1996 | $2.8B | 2,245 | 9 |
| 1997 | $2.8B | 2,211 | 9 |
| 1998 | $2.2B | 2,254 | 9 |
| 1999 | $2.1B | 2,456 | 9 |
| 2000 | $2.3B | 2,659 | 9 |
| 2001 | $2.1B | 2,815 | 9 |
| 2002 | $2.0B | 2,639 | 9 |
| 2003 | $2.1B | 2,670 | 9 |
| 2004 | $2.6B | 2,869 | 9 |
| 2005 | $3.0B | 2,929 | 9 |
| 2006 | $3.2B | 3,080 | 9 |
| 2007 | $3.1B | 3,025 | 9 |
| 2008 | $3.2B | 3,122 | 9 |
| 2009 | $2.5B | 3,045 | 9 |
| 2010 | $2.9B | 3,058 | 9 |
| 2011 | $3.1B | 3,144 | 9 |
| 2012 | $2.9B | 3,127 | 9 |
| 2013 | $2.8B | 3,024 | 9 |
| 2014 | $2.6B | 3,077 | 9 |
| 2015 | $2.2B | 2,992 | 9 |
| 2016 | $2.0B | 2,943 | 9 |
| 2017 | $1.9B | 2,872 | 9 |
| 2018 | $2.0B | 3,013 | 9 |
| 2019 | $1.8B | 2,982 | 9 |
| 2020 | $1.2B | 2,760 | 9 |
| 2021 | $1.4B | 2,933 | 9 |
| 2022 | $1.8B | 2,975 | 9 |
| 2023 | $1.7B | 2,990 | 9 |
| 2024 | $1.6B | 2,824 | 9 |

## Growth and market structure

- Trend: Growing
- Three-year CAGR: +4.6%
- Five-year CAGR: -2.8%
- Historical peak: $3.2B in 2,008
- Positive-growth years: 41.4%
- Exporter concentration HHI: 2,756.6
- Importer concentration HHI: 1,591.9
- Trade volatility coefficient: 0.2

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | China | Italy | $142.1M | +2.4% | 8 | 9,138 km | No |
| 2 | Viet Nam | India | $108.7M | +13.8% | 3 | 3,652 km | Yes |
| 3 | Romania | Italy | $91.5M | +13.9% | 7 | 1,142 km | Yes |
| 4 | China | India | $79.5M | +9.3% | 8 | 4,252 km | No |
| 5 | Italy | France | $65.4M | +4.8% | 9 | 1,106 km | Yes |
| 6 | China | Romania | $53.9M | +57% | 8 | 8,044 km | No |
| 7 | China | Japan | $45.4M | -2.4% | 9 | 1,763 km | No |
| 8 | Italy | Romania | $39.7M | -0.2% | 9 | 1,142 km | Yes |
| 9 | India | United Arab Emirates | $38.1M | +9.8% | 7 | 2,204 km | No |
| 10 | China | Pakistan | $37.9M | -5.5% | 7 | 5,339 km | Yes |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | China | $668.5M | 159 | 9 |
| 2 | Italy | $252.1M | 116 | 9 |
| 3 | Viet Nam | $151.3M | 40 | 9 |
| 4 | India | $118.2M | 120 | 9 |
| 5 | Romania | $96.4M | 30 | 9 |
| 6 | Uzbekistan | $42.4M | 16 | 9 |
| 7 | France | $41.3M | 98 | 9 |
| 8 | Japan | $26.4M | 63 | 9 |
| 9 | Brazil | $26.1M | 35 | 8 |
| 10 | United Kingdom | $22.4M | 96 | 9 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Italy | $291.6M | 52 | 9 |
| 2 | India | $193.9M | 32 | 9 |
| 3 | France | $104.9M | 64 | 9 |
| 4 | Romania | $99.0M | 33 | 9 |
| 5 | Japan | $76.4M | 27 | 9 |
| 6 | China | $75.5M | 53 | 9 |
| 7 | Viet Nam | $65.8M | 27 | 9 |
| 8 | USA, Puerto Rico and US Virgin Islands | $65.2M | 66 | 9 |
| 9 | United Arab Emirates | $57.8M | 53 | 9 |
| 10 | Germany | $47.6M | 62 | 9 |

## HS6 products

- Silk: silk-worm cocoons suitable for reeling (HS6 500100)
- Silk: raw silk (not thrown) (HS6 500200)
- Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) (HS6 500300)
- Silk: waste, not carded or combed (including cocoons unsuitable for reeling, yarn waste and garnetted stock) (HS6 500310)
- Silk: waste, carded or combed (including cocoons unsuitable for reeling, yarn waste and garnetted stock) (HS6 500390)
- Silk: yarn (other than yarn spun from silk waste), not put up for retail sale (HS6 500400)
- Silk: yarn spun from silk waste, not put up for retail sale (HS6 500500)
- Silk yarn and yarn spun from silk waste: put up for retail sale, and silk-worm gut (HS6 500600)
- Silk: woven fabrics of noil silk (HS6 500710)
- Silk: woven fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk (HS6 500720)
- Silk: woven fabrics n.e.c. in heading no. 5007 (HS6 500790)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.