India enjoys a unique global position in terms of production of all commercially useful varieties of silk. India is the second largest producer of silk and accounts for nearly 18% of global raw silk production. In 2015, Mulberry accounted for 74.7 per cent, Eri 16.3 per cent, Tasar 8.4 per cent and Muga 0.6%.of the total raw silk produced in India.
In 2015, Indian silk exports stood at US$ 449.7 million. Readymade silk garments formed the largest segment generating around 67.7 per cent of silk export earnings, while natural silk yarn, fabrics and made-ups comprised 27.8 per cent of silk export earnings.
The UAE and the US are the major markets for the export of Indian silk goods. The UK, France, Italy and Germany are other major export markets.