2022
Exports
$3.58MWorld Rnk 26 / 109
Flag Rnk 556 / 1206
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$1.43MWorld Rnk 40 / 137
Flag Rnk 917 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $3.58M in Wool, making it the 26th largest exporter of Wool in the world. At the same year, Wool was the 556th most exported product in Ireland. The main destination of Wool exports from Ireland are: United Kingdom ($2.45M), China ($688k), India ($265k), Czechia ($52.2k), and Belgium ($46k).

The fastest growing export markets for Wool of Ireland between 2021 and 2022 were Czechia ($26.6k), Japan ($1.67k), and United Arab Emirates ($23).

Imports In 2022, Ireland imported $1.43M in Wool, becoming the 40th largest importer of Wool in the world. At the same year, Wool was the 917th most imported product in Ireland. Ireland imports Wool primarily from: United Kingdom ($719k), Australia ($307k), New Zealand ($236k), Norway ($68.9k), and Germany ($37.1k).

The fastest growing import markets in Wool for Ireland between 2021 and 2022 were United Kingdom ($109k), Norway ($68.9k), and New Zealand ($48.2k).

Latest Trends

Jul 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)$3.58M
IMPORTS (2022)$1.43M
NET TRADE (2022)$2.15M

In 2022, Ireland exported $3.58M in Wool. The main destinations of Ireland exports on Wool were United Kingdom ($2.45M), China ($688k), India ($265k), Czechia ($52.2k), and Belgium ($46k).

In 2022, Ireland imported $1.43M in Wool, mainly from United Kingdom ($719k), Australia ($307k), New Zealand ($236k), Norway ($68.9k), and Germany ($37.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Czechia$26.6k (104%)
Japan$1.67k (83.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Ireland WERE (2021 - 2022):
United Kingdom-$7.65M (-75.7%)
Romania-$528k (-100%)
India-$495k (-65.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Wool were:
In 2022, Ireland's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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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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