Exports In 2020, Australia exported $1.58B in Wool, making it the 1st largest exporter of Wool in the world. At the same year, Wool was the 17th most exported product in Australia. The main destination of Wool exports from Australia are: China ($1.27B), India ($98.3M), Italy ($60.2M), Czechia ($41.8M), and South Korea ($36M).
The fastest growing export markets for Wool of Australia between 2019 and 2020 were Spain ($227k), Russia ($113k), and Switzerland ($103k).
Imports In 2020, Australia imported $11.5M in Wool, becoming the 16th largest importer of Wool in the world. At the same year, Wool was the 739th most imported product in Australia. Australia imports Wool primarily from: New Zealand ($9.88M), China ($1.11M), South Africa ($348k), United Kingdom ($113k), and United States ($20.4k).
The fastest growing import markets in Wool for Australia between 2019 and 2020 were China ($555k), United States ($15.6k), and Turkey ($1.7k).