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Here’s How Much India Earns From Silk Exports – Check India’s Country-wise Export Earnings

By
KS Rao & Team
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Here’s How Much India Earns From Silk Exports – Check India’s Country-wise Export Earnings
Here’s How Much India Earns From Silk Exports – Check India’s Country-wise Export Earnings

India has shown increasing trend in production of silk over the years. However, there is a marginal shortfall in silk production achievement against the targets set for silk production.

According to India’s textile Ministry, the main reasons for marginal shortfall in production is urbanisation in traditional silk producing States and deficient/erratic rain fall.

As per information released by the ministry on 13th December, the details of export earnings from silk goods and country-wise Foreign Exchange earned for last three years are as follows;

Export earnings from silk during 2016-17 to 2018-19

  Items 2016-17 2017-18 2018-19
Rs. crore Million USD in Rs. crore Million USD in Rs. crore Million USD
Cocoons 0.32 0.05 0.05 0.01 0.01 0.002
Raw Silk 0.44 0.07 – – 1.36 0.19
Silk Yarn 14.57 2.17 15.61 2.42 23.34 3.35
Fabrics & Made-ups 1051.65 156.80 864.81 134.18 1022.43 145.85
Readymade Garments 864.33 128.87 650.48 100.93 742.27 107.30
Silk Carpet 63.78 9.51 17.34 2.69 113.09 16.11
Silk waste 98.33 14.66 101.19 15.70 129.38 18.56
TOTAL 2093.42 312.13 1649.48 255.93 2031.89 291.36

 Country wise export earnings from silk goods during 2016-17 to 2018-19.

# Country 2016-17 2017-18 2018-19
in Rs. crore in Mn.USD in Rs. crore in Mn.US D in Rs. crore in

Mn.US D
1 U Arab Emts 546.31 81.45 376.96 58.49 372.76 53.72
2 U S A 263.85 39.34 218.26 33.87 372.66 53.07
3 U K 128.39 19.14 131.81 20.45 107.39 15.39
4 China P Rep 89.17 13.30 78.56 12.19 102.12 14.60
5 Sudan 46.63 6.95 41.33 6.41 97.68 14.20
6 Nigeria 43.52 6.49 52.62 8.16 96.37 13.74
7 Germany 107.78 16.07 63.08 9.79 72.25 10.29
8 France 78.61 11.72 57.23 8.88 67.24 9.58
9 Australia 46.07 6.87 45.12 7.00 60.55 8.58
10 Italy 73.72 10.99 53.35 8.28 57.78 8.22
Others 669.37 99.80 531.17 82.42 625.09 89.97
Total 2093.42 312.13 1649.48 255.93 2031.89 291.36

Silk Cocoons being an agriculture– based commodity, a number of factors such as climate (rainfall, drought), pest and disease incidences (which affect the production and quality of cocoon), demand for silk products and international prices of silk affect the cocoon prices.







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