Global Perspective on Silk: An Economic Analysis of International Sericulture Trade

The global silk industry, with a rich historical legacy, continues to evolve amidst changing
dynamics. This study examines the international sericulture trade, focusing on major producers
like China, India, and Italy. It analyzes production trends, export-import scenarios, trade
dynamics, and the role of tariffs. China emerges as the dominant player, while India exhibits
potential for silk waste, fabrics, and garments. The study identifies challenges, including
fluctuating demand, pests, and quality control issues, and highlights future prospects driven by
sustainability, technological advancements, and luxury market growth. The review underscores
silk's versatility and emphasizes the need for innovation, adaptation, and sustainable practices to
ensure the industry's continued prosperity.