January-September 2011 China Silk Clothing Export Profile

From January to September, the export of silk garments was 225 million pieces (sets), an increase of 318.14% over the same period of last year; the export value was 907 million US dollars, an increase of 8.66% over the same period of last year; the average unit price was 3.6 US dollars/piece (set), a year-on-year decrease of 74.01%. Silk garment exports accounted for 66.9% of the total exports of silk products, 33.95% of total silk merchandise exports, and 0.79% of China’s total apparel exports.

First, the export volume of low-value goods has surged.

In January-September, China accumulated a total of 222 million pieces (sets) of silk-knitted garments, of which only 184 million female knitted underwears were made of silk, an increase of more than 10 times year-on-year, accounting for 72.94% of total silk garment exports.

Second, the average export price dropped sharply, and the increase in exports was much smaller than the increase in exports.

The average export unit price of silk-made women's knitted underwear was only US$0.40/bar, which drastically lowered the overall export price level of silk clothing, and the average unit price of silk clothing dropped sharply by 74.01% year-on-year to only US$3.60 per package. . Directly resulting in a year-on-year increase of 318.14% in exports, exports only increased 8.66% year-on-year.

The top five markets for silk garment exports in January-September were: the United States, Germany, Hong Kong, Panama, and Malaysia. The top five markets for exports are the United States, Hong Kong, Japan, Italy and the United Kingdom. Specifically:

The United States – from January to September for its exports 35,128,800 (sets), an increase of 35.11%; amount of 355 million US dollars, an increase of 2.45%; average unit price of 10.11 US dollars / piece (sets), a decrease of 24.18%. The market share of export volume and amount was 13.94% and 39.16%, respectively.

Germany – January-September exports to Germany amounted to 32.364 million pieces (sets), an increase of more than 10 times, but due to 91.32% silk women's knitted underwear, the period of exports to Germany amounted to 44.363 million US dollars, an increase over the same period last year 7.01%; average unit price of 1.37 US dollars / piece (sets), a sharp drop of 90.43%. The market share of export volume and amount was 12.84% and 4.89%, respectively.

Hong Kong – From January to September, it exported 225.4400 pieces (sets), an increase of 214.28%; the amount of 89.508 million US dollars, an increase of 12.61% year-on-year; average unit price of 3.92 US dollars / piece (sets), a decrease of 64.17%. The market share of export volume and amount was 9.07% and 9.86%, respectively.

Panama – From January to September, it exported 172.224 million pieces (sets), an increase of more than 10 times compared to the same period of last year. As 99.97% were men's and women's knitted underwear, its export value was only 7.722 million U.S. dollars, an increase of more than 10 times year-on-year; average unit price US$0.42 per unit (set), a year-on-year decrease of 96.99%. The market share of export volume and amount was 6.83% and 0.8% respectively.

Malaysia – 1591.59 thousand (sets) of its exports from January to September, a year-on-year increase of more than 10 times, of which 98.66% were silk men's and women's knitted underwear; export amount was 5,593,600 US dollars, an increase of more than 10 times year-on-year; average unit price of 0.35 US dollars / Pieces (sets), a year-on-year decrease of 95.70%. The market share of exports and sales was only 6.31% and 0.62%, respectively.

Japan – January-September exports of 3.808 million pieces (sets), a year-on-year decrease of 3.92%; amount of 78.59 million US dollars, an increase of 5.29%; average unit price of 20.25 US dollars / piece (sets), an increase of 9.59%. The market share of export volume and amount was 1.54% and 8.66%, respectively.

Italy – From January to September, it exported 2.748 million units (sets), a year-on-year decrease of 15.43%; the amount was 47.821 million US dollars, a year-on-year decrease of 13.85%; the average unit price was US$17.40 per unit (set), a year-on-year increase of 1.87%. The market share of export volume and amount was 1.09% and 5.27%, respectively.

In the United Kingdom, from January to September, it exported 9,527,300 units (sets), an increase of 144.61% year-on-year; the amount was US$44,516,000, a year-on-year decrease of 13.79%; the average unit price was US$4.67 per unit (set), a year-on-year decrease of 64.75%. The volume of exports and their market share accounted for 3.78% and 4.91%, respectively.

3. In major provinces and cities, the export volume of Guangdong, Heilongjiang, and Fujian surged by more than 10 times; the two provinces of Zhejiang and Jiangsu decreased by 21.19% and 24.17% respectively.

From January to September, the top five provinces and cities for export of silk garments were Guangdong, Heilongjiang, Zhejiang, Fujian, and Jiangsu; the top five provinces and cities for export value were Zhejiang, Guangdong, Shanghai, Jiangsu, and Fujian.

Guangdong Province exported 166 million pieces (sets), an increase of more than 10 times year-on-year, accounting for 65.92% of total silk garment exports; exports of 200 million US dollars, an increase of 27.85%, accounting for 22.09% of total exports; export unit price of 1.21 US dollars / Pieces (sets), a year-on-year decrease of 89.13%.

Zhejiang Province exported 20,831,800 pieces (sets), a year-on-year decrease of 21.19%, accounting for 8.26% of the total silk garment export volume; the value of exports was 370 million U.S. dollars, a year-on-year decrease of 3.24%, accounting for 40.79% of total exports. The unit price of exports was US$17.77 per unit (set), which was a year-on-year increase of 2.78%.

Fujian's exports were 17,085,500 pieces (sets), a year-on-year increase of more than 10 times, accounting for 6.78% of the total silk garment exports; the value of exports was 27,879,000 US dollars, an increase of 225.88% year-on-year, accounting for 3.07% of total exports. The unit price of exports was 1.63 US dollars/piece (sets), a year-on-year decrease of 87.44%.

Jiangsu Province exported 6.204 million pieces (sets), a year-on-year decrease of 24.17%, accounting for 2.48% of the total silk garment exports; the value of exports was 99.698 million US dollars, a year-on-year decrease of 11.14%, accounting for 10.99% of total exports. The unit price for export was US$15.98 per unit (set), up 17.19% year-on-year.

Shanghai exports 4,955,600 pieces (sets), a year-on-year decrease of 34.62%, accounting for 1.97% of the total silk garment exports; exports amounted to US$108 million, a year-on-year decrease of 10.89%, accounting for 11.95% of total exports. The unit price of exports was US$21.88 per package (sets), up 36.29% year-on-year, which was the highest of the average export unit prices in all provinces and cities.

Heilongjiang Province exported 2,202,200 pieces (sets), an increase of more than 10 times year-on-year, accounting for 8.73% of total silk garment exports; the value of exports was 23.80 million US dollars, an increase of 874.6% year-on-year, accounting for 2.62% of total exports. The unit price for exports was US$1.08 per package, down 90.12% year-on-year. (China Textile Import & Export Association Silk Branch)

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