BioVoice News eMag August 2023 | Page 70

S P E C I A L S T O R Y

country during 2021-22 . This was followed by Andhra Pradesh which had a share of 25 % in the overall silk production during 2021-22 .
Strong exports
Sericulture is one of the largest foreign exchange earners for the country . The silk fabrics and made ups , and silk readymade garments are the most exported silk products from India with 2021- 22 exports share of 45.3 %, and 36.3 %, respectively . The share of other products in India ’ s total silk exports are as follows – silk waste ( 11.3 %), silk carpets ( 4.3 %), and natural silk yarn ( 2.8 %). India enjoys a unique global position in terms of production and exports of all the commercially useful varieties of silk and the government has initiated various trade shows and fairs in order to promote the exports of silk products across the world .
Credits : India Brand Equity Foundation
India ’ s silk and silk products are highly demanded throughout the world . The country exports to more than 30 countries in the world . Some of the top importers are USA , UAE , China , UK , Australia , Germany , France , Italy , Spain , Malaysia , Nepal , Japan , Belgium , Canada , South Africa , and Singapore .
USA is the top importer of silk products from India with a share of 24.3 % as of 2021-22 . UAE was the second largest importer of Indian silk after USA , with a share of 22.6 %. These countries are followed by China , Australia , and UK which have 9.1 %, 5 %, and 4.7 % of the total exports share , respectively .
Silk carpets constituted the majority of share in the exports to USA , with 40 % of all the silk products . This was followed by readymade garments which constituted 33 % of the total . Natural silk yarn , fabrics , and made ups were 27 % of the total share exported to USA .
Natural silk yarn , fabrics , and made ups comprised the majority of the products exported to UAE with a share of 55 %% in the total exported products . Silk carpets constituted 25.8 % and silk readymade garments constituted 19.2 % of the total exported
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BioVoiceNews | August 2023