2023
Exports
$4.7MWorld Rnk 24 / 104
Flag Rnk 501 / 1207
2023
PRODUCT COMPLEXITY IN Wool
-2.02Rnk 1001 / 1025
2023
Imports
$1.74MWorld Rnk 38 / 132
Flag Rnk 902 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $4.7M in Wool, making it the 24th largest exporter of Wool in the world. At the same year, Wool was the 501st most exported product in Ireland. The main destination of Wool exports from Ireland are: United Kingdom ($2.57M), China ($1.06M), Japan ($426k), India ($336k), and Czechia ($119k).

The fastest growing export markets for Wool of Ireland between 2022 and 2023 were Japan ($424k), China ($226k), and United Kingdom ($149k).

Imports In 2023, Ireland imported $1.74M in Wool, becoming the 38th largest importer of Wool in the world. At the same year, Wool was the 902nd most imported product in Ireland. Ireland imports Wool primarily from: United Kingdom ($683k), Australia ($405k), New Zealand ($367k), Belgium ($167k), and Egypt ($58.9k).

The fastest growing import markets in Wool for Ireland between 2022 and 2023 were United Kingdom ($258k), Belgium ($167k), and New Zealand ($113k).

Latest Trends

Jan 2025

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 (2023)$4.7M
IMPORTS (2023)$1.74M
NET TRADE (2023)$2.96M

In 2023, Ireland exported $4.7M in Wool. The main destinations of Ireland exports on Wool were United Kingdom ($2.57M), China ($1.06M), Japan ($426k), India ($336k), and Czechia ($119k).

In 2023, Ireland imported $1.74M in Wool, mainly from United Kingdom ($683k), Australia ($405k), New Zealand ($367k), Belgium ($167k), and Egypt ($58.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Japan$424k (23.8k%)
China$226k (27.2%)
United Kingdom$149k (6.16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Ireland WERE (2022 - 2023):
India-$23.8k (-6.6%)
Denmark-$21.5k (-100%)
Italy-$17.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Wool were:
In 2023, Ireland's main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $584k
TOP IMPORT POTENTIALAustralia+ $221k

Wool’s highest export potential is China. With an export gap of $584k.   Wool’s highest import potential is Australia with an import gap of $221k.

See methodology.

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