EXPORTS
The Ministry of Textiles has anticipated that the value of silk export earnings will reach around 900 million US$ (Rs. 3770 crore) during the year 2007-08. The export of 60.66 million US$ (Rs. 255.68 crore) has been achieved during April month of the year 2007-08, which is 6.7% achievement of the target in dollar terms (6.8% in rupee terms) as compared to corresponding month of the year 2006-07 which was 51.32 million US $ (Rs. 230.69 crore). The data about the status of silk export earnings during April month of
the year 2007-08 compared to the corresponding month of the year 2006-07 is given in Table 1.
TABLE-I : TOTAL EXPORT EARNINGS OF SILK ITEMS
|
(Value : Crore Rs. / Million US $) |
Itemwise
exports |
APRIL |
% Increase /Decrease |
2007 |
2006 |
|
Rs. |
US$ |
Rs. |
US$ |
Rs. |
US$ |
Natural Silk Yarn, Fabrics,
Madeups |
139.23 |
33.03 |
146.56 |
32.61 |
-5.0 |
1.3 |
Readymade Garments |
111.66 |
26.50 |
75.37 |
16.77 |
48.1 |
58.0 |
Silk Carpet |
3.09 |
0.73 |
7.00 |
1.56 |
-55.9 |
-52.9 |
Silkwaste |
1.70 |
0.40 |
1.76 |
0.38 |
-3.4 |
3.0 |
Total |
255.68 |
60.66 |
230.69 |
51.32 |
10.8 |
18.2 |
COUNTRYWISE SILK EXPORTS
U.S.A., U.K., Honduras, U.A.E. and German P. Republic are the top five countries importing Indian silk goods (in value terms) during April month of the year 2007-08 and accounted for 24.6%, 9.6%, 7.7% and 4.7%, respectively of total export earnings. They altogether accounted for 35.7 million US $ (Rs.150.49 crore) which was 58.9% of total export earnings of 60.66 million US$ (Rs.255.68 crore) during the month. The countrywise silk export earnings during the April month of the year 2007-08 along with the data of corresponding period of the year 2006-07 are shown in Table II.
TABLE-II: COUNTRYWISE SILK EXPORT EARNINGS |
(Value : Crore Rs. / Million
US $) |
|
April |
Country Share |
Country + |
2007 |
2006 |
2007 |
2006 |
|
Rs. |
US$ |
Rs. |
US$ |
% |
% |
U.S.A. |
62.99 |
14.94 |
71.34 |
15.87 |
24.6 |
30.9 |
U.K. |
31.03 |
7.36 |
23.90 |
5.33 |
12.1 |
10.4 |
HONDURAS |
24.67 |
5.85 |
11.12 |
2.47 |
9.6 |
4.8 |
| U.A.E. |
19.67 |
4.67 |
12.82 |
2.85 |
7.7 |
5.6 |
| GERMAN P. REP |
12.13 |
2.88 |
11.73 |
2.61 |
4.7 |
5.1 |
ITALY |
8.63 |
2.05 |
13.44 |
2.99 |
4.7 |
5.1 |
| SPAIN |
8.56 |
2.03 |
9.46 |
2.10 |
3.3 |
4.1 |
| SAUDI ARABIA |
8.50 |
2.02 |
8.25 |
1.84 |
3.3 |
3.6 |
| FRANCE |
8.07 |
1.91 |
7.47 |
1.66 |
3.2 |
3.2 |
| JAPAN |
5.70 |
1.35 |
2.09 |
0.46 |
2.2 |
0.9 |
OTHERS |
65.73 |
15.60 |
59.04 |
13.14 |
25.7 |
25.6 |
| Total
|
255.68 |
60.66 |
230.69 |
51.32 |
100.0 |
100.0 |
+ Refers to top 10 importing
countries |
ITEMWISE ANALYSIS
(I) Natural Silk Yarn, Fabrics, made-up etc.: Natural Silk Yarn, Fabrics, made-ups etc. account for 54.5% approximately to the total silk goods exports. During April month of the year 2007-08, exports of
these items touched 33.03 million US$ (Rs. 139.23 crore) showing a increase of 1.3% in dollar terms and a decrease of 5.0% in rupee terms, as compared to corresponding month of the year 2006-07 i.e., 32.61 million US$ (Rs. 146.56 crore). The major importing countries were U.S.A., U.K., Honduras, Italy, German P. Rep.,UAE, Spain, Hong kong, France, and Greece.
II) Readymade garments: Readymade garments account for 43.7% approximately to the total silk goods exports. They too are also high valueadded items. Readymade garments recorded an export earning of 26.49 million US$ (Rs. 111.66 crore) during April month of the year 2007-08, showing a significant increase of 58.0% in dollar terms (48.1% in rupee terms), when compared to the corresponding month of the year 2006-07 which was 16.77 million US$ (Rs. 75.37 crore). The major importing countries were U.S.A., U.K., U.A.E., Italy, Japan, France, Saudi Arabia, German P. Rep. and Denmark.
III) Silk Carpets: Silk carpets approximately accounted for 1.2% to the total silk goods exports. This segment recorded export earnings of 0.73 million US$ (Rs 3.09 crore) during April month the year 2007-08, showing a high decrease of 55.9% in dollar terms (52.9% in rupee terms), when compared to the corresponding month of the year 2006-07 which was 1.56 million US$ (Rs. 7.00 crore). The major importing countries are U.S.A., Japan,German P. Rep., Italy, Mauritious, Canada, U.A.E., Portugal, Spain and Australia.
(IV) Silk waste: Silk waste which is the raw material for the spun silk industry, is also exported in small quantity. During month of April of the year 2007-08, export earnings of silkwaste was 0.40 million US$
(1.70 crore) Showing an increase of 3.0% in dollar terms and a decrease of 3.4% in rupee terms as compared to the corresponding month of the year 2006-07 which was 0.38 million US$ (1.76 crore).
TABLE-III
: EXPORT OF SILKWASTE |
|
Quantity |
Value |
(MT) |
(Crore Rs.) |
(Mn. Us $) |
2007-08 |
112.920 |
1.70 |
0.40 |
2006-07 |
138.550 |
1.76 |
|
Share of sectorwise silk goods export earnings could be seen from graph.
Regionwise silk export performance during April month of year 2007-08 along with the data corresponding month of the year 2006-07 are shown in Table IV.
|
TABLE-IV: REGIONWISE SILK EXPORT EARNINGS
|
(Value : Crore Rs. / Million US $) |
REGION |
APRIL |
% Increase/Decrease |
2007
|
2006 |
Rs. |
US$ |
Rs. |
US$ |
Rs. |
US$ |
| WEST EUROPE |
88.30 |
20.95 |
82.45 |
18.34 |
7.1 |
14.2 |
| U.S.A.& OTHERS |
94.50 |
22.42 |
89.90 |
20.00 |
5.1 |
12.1 |
| ASIA |
53.68 |
12.74 |
43.56 |
9.69 |
23.2 |
31.4 |
| JAPAN & OTHERS |
8.64 |
2.05 |
4.80 |
1.07 |
80.0 |
92.0 |
| AFRICA |
6.43 |
1.53 |
5.44 |
1.21 |
18.2 |
26.1 |
| EAST EUROPE |
4.13 |
0.97 |
4.54 |
1.01 |
-9.0 |
-3.0 |
| TOTAL |
255.68 |
60.66 |
230.69 |
51.32 |
10.8 |
18.0 |
It is observed from data shown in Table-IV that, West Europe (34.5%) and U.S.A. & others (37.0%) appeared to be prominent regions for Indian silk export followed by Asian Countries (21.0%) and others (7.5%) during April month of the year 2007-08
PORT-WISE EXPORTS
Export earnings through the six major ports viz., Bangalore, Delhi, Kolkata, Chennai, Mumbai and Nhava Sheva Sea is accounted to 49.70 million US$ (Rs. 209.50crore) [81.9%] against the total export earnings of 60.66 million US$ (Rs. 255.68 crore) during April month of the year 2007-08.As compared to the corresponding month of the year 2006- 07,which was 45.08 million US$ (Rs. 202.65 crore) [87.8%] against the total export earnings of 51.32 million US$ (Rs.230.69 crore).
IMPORTS
The import of raw silk during April month of the year 2007-08 showed an increase of 49.2% (i.e. 147 MT) as compared to the corresponding month of the year 2006-07. Data on import of raw silk, silk yarn & fabrics during the month of April of year 2007-08 alongwith corresponding month of 2006-07 is given in Table-V.
TABLE-V: IMPORT OF RAW SILK, SILK YARN & FABRICS |
(Qty.: MT, Value: Crore Rs.
/ Million US $) |
Itemwise
Import
|
April |
% Increase
/Decrease
|
2007 |
2006 |
Qty. (Tons)
|
Value |
Qty
|
Value |
Qty
|
Rs. |
US$ |
Rs. |
US$ |
Raw Silk |
446 |
46.05 |
10.93 |
299 |
40.32 |
8.97 |
49.2 |
| Silk Yarn & Fabrics |
N.A |
57.65 |
13.67 |
N.A |
53.27 |
11.85 |
- |
| Total |
|
103.70 |
24.60 |
- |
93.59 |
20.82 |
- |
It could be seen that out of 446 MT imported during April month of the year 2007-08, 427 MT (95.7%) was imported from China P. Republic only. Value of imported raw silk including silk yarn and fabrics during the April month of the year 2007-08 was 24.60 million US$ (Rs. 103.70 crore) as compared to 20.82 million US$ (Rs. 93.59 crore) during the corresponding month of the year 2006- 07,indicating an increase of 18.2% in dollar terms (10.8% in rupee terms)
Quantum of countrywise import of raw silk during April month of the year 2007- 08 as compared to the corresponding month of the year 2006-07 is given in Table VI.
TABLE-VI:
COUNTRYWISE IMPORT OF RAW SILK |
(Qty.: MT, Value:
Crore Rs. / Million US $) |
|
April
|
2007 |
2006 |
Qty. |
Value |
Qty. |
Value |
(Tons) |
Rs. |
US$ |
(Tons) |
Rs. |
US$ |
China P. Republic |
427 |
44.61 |
10.58 |
297 |
39.94 |
8.89 |
Uzbekistan |
10 |
0.63 |
0.16 |
- |
- |
- |
Korea R. P. |
9 |
0.81 |
0.19 |
- |
- |
- |
Hong Kong |
- |
- |
- |
2 |
0.38 |
0.08 |
Others |
- |
- |
|
- |
- |
- |
TOTAL |
446 |
46.05 |
10.93 |
299 |
40.32 |
8.97 |
Compiled by Statistical & Forecasting Section, CSB, Bangalore, Kshama Giridhar, J.C. Mahanta,B.M. Kantharaju and S. Nagesh. Source: Foreign Trade Statistics of India (Principal Commodities & Countries),DGCI&S, Kolkata.(Provisional figures)
