2022
Exports
$5.58MWorld Rnk 18 / 102
Flag Rnk 594 / 1208
2022
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.87Rnk 793 / 1025
2022
Imports
$3.79MWorld Rnk 34 / 147
Flag Rnk 958 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $5.58M in Prepared Wool or Animal Hair, making it the 18th largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 594th most exported product in Australia. The main destination of Prepared Wool or Animal Hair exports from Australia are: Italy ($2.39M), United Kingdom ($1.02M), Germany ($895k), Austria ($288k), and Poland ($274k).

The fastest growing export markets for Prepared Wool or Animal Hair of Australia between 2021 and 2022 were Italy ($1.47M), Germany ($863k), and Poland ($274k).

Imports In 2022, Australia imported $3.79M in Prepared Wool or Animal Hair, becoming the 34th largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 958th most imported product in Australia. Australia imports Prepared Wool or Animal Hair primarily from: China ($2.53M), Ukraine ($479k), United Kingdom ($368k), New Zealand ($186k), and Egypt ($82.4k).

The fastest growing import markets in Prepared Wool or Animal Hair for Australia between 2021 and 2022 were China ($239k), Ukraine ($128k), and Sweden ($12k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Prepared Wool or Animal Hair. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.58M
IMPORTS (2022)$3.79M
NET TRADE (2022)$1.79M

In 2022, Australia exported $5.58M in Prepared Wool or Animal Hair. The main destinations of Australia exports on Prepared Wool or Animal Hair were Italy ($2.39M), United Kingdom ($1.02M), Germany ($895k), Austria ($288k), and Poland ($274k).

In 2022, Australia imported $3.79M in Prepared Wool or Animal Hair, mainly from China ($2.53M), Ukraine ($479k), United Kingdom ($368k), New Zealand ($186k), and Egypt ($82.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Italy$1.47M (159%)
Germany$863k (2.68k%)
Poland$274k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY Australia WERE (2021 - 2022):
United Kingdom-$1.77M (-63.4%)
Australia-$1.2M (-94%)
Austria-$410k (-58.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Prepared Wool or Animal Hair were:
In 2022, Australia's main importing competitors in Prepared Wool or Animal Hair were:

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Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $205k
TOP IMPORT POTENTIALChina+ $412k

Prepared Wool or Animal Hair’s highest export potential is Germany. With an export gap of $205k.   Prepared Wool or Animal Hair’s highest import potential is China with an import gap of $412k.

See methodology.

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