2022
Exports
$638kWorld Rnk 52 / 109
Flag Rnk 1104 / 1212
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$205MWorld Rnk 3 / 137
Flag Rnk 309 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $638k in Wool, making it the 52nd largest exporter of Wool in the world. At the same year, Wool was the 1104th most exported product in India. The main destination of Wool exports from India are: Italy ($402k), United Kingdom ($96.4k), Germany ($65.2k), China ($33.9k), and Sweden ($21.4k).

The fastest growing export markets for Wool of India between 2021 and 2022 were Italy ($333k), Germany ($65.2k), and United Kingdom ($32.2k).

Imports In 2022, India imported $205M in Wool, becoming the 3rd largest importer of Wool in the world. At the same year, Wool was the 309th most imported product in India. India imports Wool primarily from: Australia ($107M), New Zealand ($40.2M), Syria ($9.19M), Uruguay ($6.33M), and United Kingdom ($4.91M).

The fastest growing import markets in Wool for India between 2021 and 2022 were Australia ($80.9M), Uruguay ($2.59M), and United Kingdom ($2.13M).

COMPANIES In 2023, leading companies such as Mystic Apparel (1) were at the forefront of shipping Wool from India to the United States.

Latest Trends

Sep 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 Wool. 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)$638k
IMPORTS (2022)$205M
NET TRADE (2022)-$204M

In 2022, India exported $638k in Wool. The main destinations of India exports on Wool were Italy ($402k), United Kingdom ($96.4k), Germany ($65.2k), China ($33.9k), and Sweden ($21.4k).

In 2022, India imported $205M in Wool, mainly from Australia ($107M), New Zealand ($40.2M), Syria ($9.19M), Uruguay ($6.33M), and United Kingdom ($4.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR India WERE (2021 - 2022):
Italy$333k (483%)
Germany$65.2k (6.52M%)
United Kingdom$32.2k (50.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY India WERE (2021 - 2022):
China-$41.2k (-54.9%)
Burkina Faso-$18.3k (-100%)
Nepal-$13.3k (-87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Wool were:
In 2022, India's main importing competitors in Wool were:
China $2.16B
Italy $223M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $204k
TOP IMPORT POTENTIALAustralia+ $13.6M

Wool’s highest export potential is China. With an export gap of $204k.   Wool’s highest import potential is Australia with an import gap of $13.6M.

See methodology.

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